China’s oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world’s biggest oil importer, a slowdown that has rattled global oil…
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China skirts US efforts to stiff-arm CCP interference by bolstering state, local relations
China is skirting U.S. efforts to block its interference in areas ranging from trade to national security by cozying up with state officials to foster relations and keep its influence active in the U.
China has 600 nukes already, and it wants to beat US missile defenses, the Pentagon says
The Pentagon said China is on track to have over 1,000 warheads by 2030, putting it closer to being a nuclear peer of the US and Russia.
Beijing 2022 venue ‘Ice Ribbon’ to host National Short Track Speed Skating Championships
The National Speed Skating Oval, known as the “Ice Ribbon,” will host its first national-level short track speed skating competition from Friday to Sunday, as it welcomes the National Short Track Speed Skating Championships,
US Shares Update on China’s Nuclear Arsenal
China now possesses over 600 operational nuclear warheads, the Pentagon reported on Wednesday, about 100 more than last year’s estimate. This enables China to target more cities, military facilities, and leadership sites in the United…
Ant Group Warns Against ‘False’ IPO Rumors
Ant, owner of the widely used digital-payment platform Alipay, saw Beijing shut down its giant initial public … among others. Before its IPO plans were derailed, the company was highly profitable, …
How Many Lives Were Lost to COVID-19? A Look Back Nearly 5 Years Later
Deaths from COVID-19 have slowed significantly but continue adding to a tally of more than 7 million deaths from the virus in the nearly five years since the World Health Organization (WHO) declared a pandemic.
Bitcoin Surge Drives Cost of Mining Machines in China, More Buyers From Russia
The cost of Ant mining machines in China, developed and produced by Bitmain, has increased 30% from the previous year.
China is building the world’s largest artificial island airport
Currently under construction off the country’s northeast coast, the Dalian Jinzhou Bay International Airport will eventually cover a 20-square-kilometer (7.7-square-mile) island with four runways and a 900,000-square-meter (969,000 sq ft) passenger terminal, according to an…
China expected to leave lending benchmarks unchanged amid rate risks
China is widely expected to leave its benchmark lending rates unchanged on Friday, a Reuters poll showed, as falling yields, shrinking net interest margins and a weakening yuan create limits for immediate monetary easing.
China introduces new rule to tighten scrutiny on foreign accounting firms’ domestic operations
China issued rules on Thursday to tighten scrutiny of foreign accounting firms’ domestic operations as Beijing seeks to rein in accounting failures and fraud.
China and India resume high-level talks to ease dispute over Himalayan border
China and India agreed on Wednesday to work on easing their long-running border dispute, as the two Asian giants resumed a formal high-level dialogue for the first time in five years.
Asia Dealmakers See More IPOs, Convertible Bonds in 2025
New listings in mainland China have underwhelmed since last August, when the securities regulator tightened local issuance to stabilize its stock market. Similarly, Hong Kong’s IPO market has …
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