China’s state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company with a registered capital of 28.80 billion yuan ($3.95 billion).
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One chart that shows how China seized the lead in the robotaxi wars
More than half of the cars sold in China last year were equipped with advanced driver assistance tech, according to data compiled by AlixPartners.
China’s Sinopec signs $4 billion joint venture deal with Saudi Aramco’s unit
China’s state-run Sinopec signed a joint venture agreement with a unit of Saudi Aramco for port operation, crude oil transportation and other services, it said on Monday.
China rolls out employment support and hints at more stimulus as U.S. tensions escalate
Senior Chinese officials outlined plans to support jobs and help exporters, while hinting at the possibility of more stimulus in light of rising U.S. tensions.
China, India agree to let Indian pilgrims visit Tibet, foreign ministry says
China and India have agreed to resume allowing Indian pilgrims to mountains and lakes in Tibet starting this summer, a Chinese foreign ministry spokesperson told a regular press conference on Monday.
Shenzhen’s E-Cigarette Sector Hit Hard by Rising U.S. Tariffs
The U.S. has long been the largest market for Chinese e-cigarette exports. According to Chinese customs data, in 2024, the U.S. accounted for $3.7 billion of China’s $10.96 billion in e-cigarette …
China rejects Trump’s claim that Xi has called him by phone
Chinese leader Xi Jinping has not spoken to US President Donald Trump on the phone recently, Beijing said Monday, reiterating that no talks are taking place between the two countries to resolve their …
China and Philippines unfurl competing flags on disputed South China Sea sandbars, reviving tensions
China and the Philippines have each unfurled their national flags on tiny sandbars in the South China Sea, staking competing sovereignty claims in strategic waters seen as a potential flashpoint for …
China downplays impact of Trump tariffs on economic recovery
By Kevin Yao BEIJING (Reuters) -Chinese policymakers on Monday sought to assuage concerns the broad U.S. tariffs could derail efforts to shore up a fragile economic recovery, even as analysts warn the …
China’s foreign ministry says Xi and Trump did not have a call recently
China’s foreign ministry said on Monday the presidents of China the United States “didn’t have a call recently,” when asked about Donald Trump saying in an interview with Time magazine that Xi Jinping …
China and Philippines both claim control of disputed Sandy Cay reef
The competing claims are reigniting tensions in the South China Sea and coincide with joint military drills between the U.S. and the Philippines.
CK Hutch ports sale can be good for Beijing too
Li Ka-shing’s ports deal is shrewd in all respects except for the timing. Beijing has warned the Hong Kong tycoon’s CK Hutchison against bypassing its antitrust probe on the $23 billion disposal to a group…
‘China understands Pakistan’s concerns’: Beijing calls for ‘swift, fair investigation’ into Pahalgam terror attack
Chinese Foreign Minister Wang Yi said China was closely following the developments and that combating terrorism was a shared responsibility of the entire world.
