This move by the world’s top crude importer is contributing to the decline in global oil prices, which have fallen significantly in May despite geopolitical tensions.
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China’s services sector growth accelerates in May, but rising costs cloud outlook
China’s services sector expanded at its fastest pace in three months in May, driven by stronger domestic demand and a rebound in export orders, but rising fuel, wage and procurement costs raised conce …
China services activity grows at fastest pace in three months, private PMI shows
BEIJING, June 3 (Reuters) – China’s services activity expanded at the fastest pace in three months in May, helped by stronger growth in new business and a rebound in overseas demand, though rising …
General Mills to sell its China Haagen-Dazs ice-cream shops as foreign brands wane
General Mills said on Monday it has agreed to sell its Haagen-Dazs ice-cream shops in mainland China to an investor group that includes Chinese tea chain operator Ningji, as the U.S. food …
Arm CEO warns AI processor export restrictions to China would be difficult to enforce (ARM)
Chief Executive Rene Haas said on Tuesday that restricting exports of processors used in artificial intelligence applications to China would be challenging because of the broad range of uses for …
Three Reputable Insulated Bag Manufacturers in China 2026: Elevating Thermal Protection Standards
A Closer Look at Leading Manufacturers Advancing Sustainable and Reliable Insulation Technology CALIFORNIA, CA, UNITED …
China Tech Is Back – And This Time, It Built The Playbook Itself
U.S.-China tensions and export controls remain a real risk, but they have also accelerated China’s push toward semiconductor self-sufficiency and domestic innovation.
China seen tapping deeper into oil stockpiles as imports hit decade-low
China is expected to tap deeper into its record crude oil inventories as refiners cut imports further while maintaining output curbs to minimize refining losses amid weak fuel demand, analysts and …
China’s New Infant Food Safety Campaign Signals a Shift Toward Continuous Compliance
China infant food compliance tightens, raising risks for foreign brands and manufacturers. Foreign businesses are advised to act now.
Why global fund giants are struggling to crack China’s investment market
China opened its mutual fund industry to foreign ownership five years ago, but global asset managers have captured only a tiny fraction of the market despite billions in investment and years of effort …
Chinese researchers propose export restrictions on 63 strategic technologies
Chinese researchers have announced a study proposing that 63 strategic technologies, including artificial intelligence (AI), quantum communication, advanced materials, biotechnology, and space …
China catching up to U.S. on autonomous driving tech, experts warn
Direct comparisons are rare, given the lack of Chinese vehicles in the United States and data-sharing restrictions. But that’s changing.
China Adds Data and AI to Trade Secret Rules to Block Leaks
China expanded its trade secret rules to include data and algorithms, as Beijing steps up efforts to prevent technology leaks amid intensifying strategic competition with the US.