China, Laos 500-kV power link transmits 1 billion kWh of electricity

The cumulative electricity transmission through the China-Laos 500-kV cross-border alternating-current power link surpassed 1 billion kilowatt-hours as of Thursday, marking a new milestone in energy cooperation between the two countries.

The project was put into operation in April this year. As the largest and highest-voltage power connection between the two neighbors, it triples cross-border transmission capacity from 50 megawatts to 150 megawatts.

The power link is expected to transmit 3 billion kWh of clean electricity annually, 30 times the capacity of previous lines.

The project serves not only as a tangible infrastructure connection, but also strengthens the bond between the two peoples and supports the optimized allocation of clean energy between the two countries.

China, Laos 500-kV power link transmits 1 billion kWh of electricity

Britain's long-term government bond yields surged again on Wednesday, as rising international oil prices, a global bond sell-off and mounting expectations of interest rate hikes by major central banks weighed on the market.

The 30-year yield rose above 6.03 percent during trading, hitting its highest level since 1998, while the 10-year yield climbed to around 5.50 percent, approaching its highest level since 2007.

The pressure extended beyond Britain, with government bond yields in other major economies, including the United States, also moving broadly higher and putting global bond markets under strain.

Market analysts said persistent tensions in the Middle East and a renewed rise in international energy prices were key factors behind the latest surge in yields.

UK long-term government bond yields climb to highest level since 1998