For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
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Michael Kasbergen: The CTO Turning Light Tree Technology’s Dutch Designs into Real Products from Shenzhen
Light Tree Technology shares the profile of Chief Technology Officer Michael Kasbergen, whose Shenzhen-based engineering operation bridges the …
China urges reopening of Strait of Hormuz as Iran and U.S. exchange strikes
Iran has declared the strait—the conduit for 40 percent of China’s oil imports—closed after the latest U.S. strikes.
Huawei eyes DRAM production to combat memory shortage: report
Huawei is reportedly set to build a 12-inch chip wafer plant in Shenzhen, China, in a bid to ease local pressure from the ongoing memory shortage. Huawei Central cited a chip market insider on X…
Heavy floods submerge roads, vehicles in northern China
HONG KONG, July 13 (Reuters) – Severe flooding in China’s northern Hebei province and northeastern Liaoning province submerged roads and swept away cars, while people swam, paddle-boarded and wake …
Beijing blasts global coalition marking 10th anniversary of The Hague ruling
CHINA has launched a sharp diplomatic rebuke against the Philippines, the United States, and 12 other nations for reaffirming the 2016 South China Sea Arbitral Tribunal Award. On the 10th anniversary …
Huawei to Build Its Own RAM Factory to Escape Memory Shortage
Huawei is reportedly supporting a major DRAM manufacturing project in China as it seeks to reduce its exposure to foreign suppliers, US trade …
The Chinese Clan Networks Behind the World’s Biggest Electronics Market
In Shenzhen’s Huaqiangbei, family networks, overseas connections, and decades of migration helped merchants from Chaoshan establish a commanding presence in the world’s largest electronics market.
China erupts at Japan as 14 nations oppose Beijing’s South China Sea claim
China has lodged a formal protest with Japan after Tokyo joined 13 other countries in reaffirming the 2016 Hague ruling that rejected Beijing’s sweeping South China Sea claims.
China reports 79,000 COVID-19 cases in June
China reported 79,000 confirmed COVID-19 cases in June, including 130 severe cases and one related death, according to data released recently by the Chinese Center for Disease Control and Prevention.
China Vanke’s Board Overhaul Cements Shenzhen State Control as Losses Widen
Shenzhen’s state-asset system tightens its grip on the struggling property giant following a $19 billion deficit over the past two years …
China cries foul after 14 nations, including Japan, reject Beijing’s South China Sea claims
Accusing Japan of interfering in regional affairs and undermining peace and stability, China insisted that its sovereignty over the disputed waters has “never changed” despite the 2016 tribunal ruling …
Beijing hits out as US-led coalition marks 10th anniversary of South China Sea ruling
US-led moves ‘primary threat’ to peace, China says in fiery statement asserting ‘historic rights’ to contested waters Beijing has cast US-led military deployments as the “primary threat” to peace in …
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