Oil prices rose more than 1% on Tuesday to their highest levels since the beginning of the month, supported by instability in the Middle East and China’s plans for more economic stimulus.
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China Sends Officials to Panama Amid Fury Over Trump Win
A Chinese government mouthpiece last week lambasted CK Hutchison over its agreement to sell two Panama ports to a Blackrock-led conglomerate.
Chinese robotics firm Shenzhen Dobot excites investors with US$27,500 humanoid
The Hong Kong-listed company has begun taking pre-orders for the robot, with mass production expected by mid-2025.
Third of UK Supply Chain Relies on “Chinese Military” Companies
Bitsight reveals that UK companies are more exposed to cyber risk than global peers via their digital supply chains …
More China Consumers Feel Better Off, Deutsche Bank Survey Shows
Consumer sentiment in China has improved sharply from last year, a survey by Deutsche Bank AG has revealed, offering a glimpse into the state of household expectations that remain held back by the …
China scrutinising Hong Kong firm’s sale of Panama Canal ports
China is scrutinising a deal struck by a Hong Kong company to sell ports at the Panama Canal to a United States financial firm. Beijing directed multiple agencies on Tuesday to examine the transaction …
China says Panama ports sale to BlackRock is an example of ‘economic coercion.’ Investors are spooked
Officials in Beijing and Hong Kong spoke out Tuesday against a proposal to sell ports in the Panama Canal to a consortium led by BlackRock, sending shares in the Hong Kong-based conglomerate that owns …
Former China Everbright chairman sentenced to 15 years in prison, state media says
Li Xiaopeng, the former chairman of state-owned financial conglomerate China Everbright Group, has been sentenced to 15 years in prison for taking bribes, state broadcaster CCTV reported on Tuesday.
China’s Xiaomi raises EV delivery target for 2025 to 350,000
China’s Xiaomi raised its full-year target for electric vehicle deliveries to 350,000, founder Lei Jun said on Tuesday in a Weibo post, up from 300,000 EVs for 2025 set earlier this year.
Cambodia says expanded port funded by China opening next month – with first call from Japanese navy
A Cambodian naval port expansion funded by China that has raised concerns over Beijing’s growing military reach has been completed and a Japanese vessel will be the first foreign warship to make a port call.
China’s BYD launches EV charging system it says works nearly as fast as a fill up
China’s energy and auto giant BYD has announced a super fast EV charging system that it says is nearly as quick as a fill up at the pumps.
Beijing’s air quality soars with 29.5% drop in PM2.5 level
Beijing’s average PM2.5 concentration dropped to a record low of 26.8 micrograms per cubic meter in the first two months of the year, marking a 29.5 percent decline from last year, the environmental …
Chinese Stocks Close Higher Amid Excitement Over Beijing’s Policies
Chinese stocks ended higher, supported by home appliance and pharma stocks. Despite the impact of China’s consumption-boosting policies yet to be seen, related headlines over the past few days may …
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