The world’s top crude oil importer is set to take even fewer barrels this month, extending its exceptionally subdued appetite since the start of the Iran war.
Tagged By beijing
The US Navy just admitted it can’t outbuild China — so it’s changing what ‘a fleet’ even means
The U.S. Navy can no longer outbuild China, which already has the world’s largest fleet — so it’s rethinking what a fleet is. Its new plan for roughly 450 ships by the 2030s pairs 299…
IPO Connect pitched as Hong Kong’s next move to boost finance hub role. But hurdles loom
Calls grow to further expand Hong Kong’s connect scheme with mainland China markets amid drive for deeper capital flows.
NKE Stock Slips On China Business Strategy ‘Misstep’ And ‘Surprise’ CFO Change Before Earnings
BNP Paribas analyst Laurent Vasilescu called a reported plan by Nike to bar key Chinese distributors from selling products online starting in 2027 a “strategic misstep.” …
China-linked virus infects Japan’s army via USB sticks
The infection in a secure, closed system used by the Japanese army was not discovered for a year.
OpenAI says it caught China using ChatGPT to turn you against tariffs and data centers — though it didn’t do a great job
“It is ironic that the two operations used American AI, rather than Chinese models,” OpenAI writes.
Satellite photo shows China’s US warship target at missile test site
The mockup marks an upgrade from the destroyer and aircraft carrier replicas previously identified at the Taklamakan Desert site.
Six charts that explain China’s weakening economy
China’s breakneck economic growth – which lifted incomes at home and reshaped markets abroad – once seemed as inevitable as a law of nature.
China to raise refined fuel export allowance in July, sources say
China will raise the amount of refined fuel its state-owned refiners are allowed to export in July from June, three industry sources briefed on the plan said.
China sentences drug money launderer to death over $7 million in crypto transactions
The Supreme People’s Procuratorate of China (SPP) disclosed a cross-border narcotics and money-laundering case in which a defendant identified as Li Moubo was sentenced to death after converting more …
Facing the European plan against the Chinese shock 2.0, Beijing promotes the Chinese opportunity 2.0
Chinese Prime Minister Li Qiang, at the Davos Summer showcase, rejects the concept of “Chinese shock 2.0” used in Brussels and defends his country’s technological rise as a global opportunity. While …
Beijing’s young raptors show why nesting season is a rescue crisis
Beijing’s Raptor Rescue Center sees a spring surge of young owls, kestrels, and other raptors during nesting season. The pattern shows why the best response to a young bird on the ground is often …
China’s Self-Reliance Drive Powers 1,200% IPO Surge, Minting A New Billionaire
Wang Bing, chairman and CEO of semiconductor component maker Chongqing Genori Technology, has amassed a fortune of $4.7 billion as shares soared almost 1,200% after its Shanghai listing.
