[The second phase of the Lesotho Highlands Water Conservancy Project started]Recently, the groundbreaking ceremony of the second phase of the Lesotho Highlands Water Conservancy Project undertaken by China was held. Lesotho King Letsie III, South African President Cyril Ramaphosa, Lesotho Prime Minister Matt Kane, and Chinese Ambassador to Lesotho Lei Kezhong attended the ceremony. King Letsie III said that after the completion of the second phase of the Gaoshui Project, it will further enhance Lesotho's water delivery capacity to South Africa, help Lesotho fully utilize its resource endowment, and benefit the people of Basotho. President Ramaphosa pointed out that this project is South Africa's largest investment project in Lesotho, which will benefit the people of the two countries and promote resource sharing and economic development between the two countries. Edit/Ma Xue
On November 5, 2026, Unit 1 of Qinghai Huadian Golmud Phase I Thermal Power Project, the highest altitude ultra supercritical thermal power project in China, successfully completed a 168 hour trial operation and officially entered commercial operation. The project is located in Golmud City, Haixi Prefecture, Qinghai Province, with an average altitude of about 2850 meters. It will construct two 660MW ultra supercritical indirect air-cooled condensing thermal power units. Editor/Cheng Liting
Maersk announced its third quarter financial report for 2026 on November 5th, with revenue of $18.1 billion, a year-on-year increase of 27%; The profit before interest, tax, depreciation, and amortization was $4.7 billion, and the profit before interest, tax, depreciation, and amortization was $3.3 billion, both higher than the same period last year and the second quarter of this year. Maersk stated that, against the backdrop of maintaining trade resilience and limited capacity due to congestion, the company has achieved revenue growth and significant profit growth by leveraging its strong execution capabilities in business and operations while helping customers cope with ongoing supply chain challenges. Editor/Cheng Liting