China’s imports of coal surged by 76% in September as power plants scrambled for fuel to ease a power crunch that is pushing domestic coal prices to record highs and disrupting business activity in …
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Honda to launch new EV brand in China next year
Japan’s Honda Motor will launch a new electric vehicle brand in China next year, it said on Wednesday, and will only launch battery electric, hydrogen fuel-cell or petrol-electric hybrid vehicles …
Figure skaters train ahead of 2022 Winter Olympics test event in Beijing
Chinese and foreign figure skaters train ahead of the 2021 CS Asian Open Figure Skating Trophy, which will be held in Beijing this week as a test event for the 2022 Winter Olympics. All journalists…
In a snub to China, Harvard University moves Chinese language programme from Beijing to Taipei
An intensive summer language program hosted by Harvard University in Beijing will relocate to Taiwan in summer of 2022, as the U.S.-China relationship remains strained. The program is moving to Taipei …
U.S. becomes largest bitcoin mining center following China ban
The United States has overtaken China to account for the largest share of the world’s bitcoin mining, data published on Wednesday by the U.K.’s Cambridge Centre for Alternative Finance showed. Chinese …
Taiwan says don’t get too close as China defends military drills
Taiwan’s defence ministry warned China of strong countermeasures on Wednesday if its forces got too close to the island,as Beijing defended its incursions into Taiwan’s air defence zone as “just” …
L’Oreal Group to debut more of its brands at CIIE
Five brands owned by L’Oreal Group will debut at the fourth China International Import Expo, which will be held in Shanghai from Nov 5 to 10, according to the company’s China CEO Fabrice Megarbane.
Wumart Owner Shelves $1 Billion Hong Kong IPO Plan
WM Tech Corp., controlled by founder and chairman Zhang Wenzhong, has shelved its Hong Kong initial public offering after letting the application lapse, according to people familiar with the situation …
IPO watch: ByteDance backed Manner Coffee mulls Hong Kong listing
The Chinese firm, which started up in 2015 as a roadside coffee stall, has been in talks with investment banks to explore its floatation.
Beijing: Taiwan Missions To Protect Sovereignty
China’s recent increase in military exercises and warplane missions near Taiwan — which have raised concerns around the region — were necessary to defend the nation’s sovereignty and territory, a …
China says power cuts won’t hit homes in winter, amid crunch
China’s planning agency on Wednesday said electricity supplies will be high enough to heat homes in the country’s north during the winter, amid a nationwide energy crunch that has seen power cuts in …
China coal and natural gas imports surge as energy crisis bites
Chinese imports of coal and natural gas increased sharply in September, as Beijing raced to deal with a spiralling energy crisis that threatens economic growth. China imported 32.9m tonnes of coal in …
China says will secure energy supplies while meeting climate targets
China will secure domestic energy supplies this winter while ensuring its climate change targets are met, a state planning official said on Wednesday.