Take a look behind the mystery of how Beijing managed to slash crude imports—tamping down global prices—and survive.
Tagged By beijing
Evergrande Founder Hui Ka Yan Was China’s Richest Man. Now He’s Been Sentenced to Life in Prison
Hui, who was once named by Forbes as China’s richest man with a net worth of $42.5 billion in 2017, was convicted on eight charges, including misuse of funds, fundraising fraud, illegally taking …
China’s New Five-Year Plan Preps the Nation for Peak Oil
China’s new five-year plan boosts LNG storage and oil output as Beijing prepares to hit peak oil demand before global supply does.
Trump Pushes Crypto Bill After Family Scores $1B Windfall
Donald Trump pushes the Clarity Act after his family’s crypto ventures reportedly generated more than $1 billion in 2025.
Breaking: China’s DeepSeek Reveals New AI Model To Rival Anthropic Amid $86B IPO Buzz
DeepSeek unveils a new multimodal AI model to rival Anthropic as the US AI firm eyes an IPO that could challenge SpaceX’s $86B record.
Tesla recalls nearly 3M vehicles in China over door handle safety risks
Tesla and other Chinese carmakers are making a major recall of more than 4 million vehicles over safety concerns mostly related to their door handles, according to Chinese authorities on Friday. The U …
China launches biggest ever auto recall campaign over door handle safety
BEIJING, Aug 21 (Reuters) – Eleven carmakers, including Tesla and Xiaomi, launched software updates and vehicle recalls on Friday, the companies said, in China’s largest-ever automotive recall …
Javonte Cooke Signs With Beijing Royal Fighters
The 27-year-old shooting guard spent most of last season with Portland on a two-way contract, appearing in 19 games.
AI bar in Beijing gives away DeepSeek tokens with drinks
A $1.50 glass of foam comes with unlimited AI coding tokens, served off two Nvidia boxes on the counter.
Robot crashes in Beijing test after video gets 5 million views
A humanoid robot’s high-speed trial run ended disastrously, crashing into a wall and sparking widespread amusement ahead of Beijing’s World Humanoid Robot Games.
Chinese flash-memory chipmaker YMTC parent targets $4.9 billion in Shanghai IPO
By Eduardo Baptista BEIJING, Aug 21 (Reuters) – CCSH Corporation, the parent of Chinese flash-memory chipmaker Yangtze Memory Technologies Co, has taken a major step towards a Shanghai listing that …
China Chipmaker YMTC Seeks to Raise $4.9 Billion in Shanghai IPO
Chinese chipmaker Yangtze Memory Technologies Co., known as YMTC, plans to raise 33 billion yuan ($4.9 billion) in a Shanghai initial public offering, following in the footsteps of rival CXMT Corp.’s …
Why China Thinks It Can Resist Trump’s Economic Threats on Iran
Beijing can squeeze U.S. critical mineral supplies and has enough oil to withstand the loss of Iranian crude, Chinese analysts say.