Over-estimating China’s appetite for crude has been a factor in oil markets this year, especially by OPEC, and it’s a theme that looks likely to continue in coming years.
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Sinopec says east China shale oil field pumping at 1,600 tons a day
Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 tons in 2021, the state oil and gas group said…
Does China welcome—or dread—an Iran-Israel war?
Last year it was given full membership of the Shanghai Co-operation Organisation, a Eurasian security and economic club dominated by China and Russia. In January Iran was admitted to BRICS, another …
How big is Beijing’s war chest, and why does a headline stimulus figure remain elusive?
Some prominent economists have called for China to roll out a stimulus plan worth 10 trillion yuan, but the real number is anyone’s guess as prudence is at play.
Inside the underground lab in China tasked with solving a physics mystery
A giant sphere 700 m (2,300 ft) underground with thousands of light-detecting tubes will be sealed in a 12-storey cylindrical pool of water in coming months for an experiment that will shine new light on…
Giant Pandas From China Return to National Zoo in Washington, D.C.
A pair of pandas from China arrived at the Smithsonian’s National Zoo in Washington, D.C., on Tuesday, in a revival of so-called panda diplomacy after an 11-month pause that had left countless zoogoers disappointed by…
China Counts Wild Pandas. Nobody Believes Its Tally.
The panda census methodology is widely seen as flawed, and China keeps the data shrouded in secrecy. By Mara Hvistendahl and Joy Dong American zoos point to a rise in the wild panda numbers —…
Beijing’s Success Is a Conundrum for Nobel Winners
There is a simple reason for this: The rise, over the past two decades, of the People’s Republic of China. Some other nations — India to an extent, some in Southeast Asia — have also…
Russia and China Are Using Cyber Criminals to Target US: Microsoft
A Microsoft report reveals how Russia, China, and Iran are enlisting criminal networks for cyberespionage against hostile states.
One’s got a big appetite, the other’s a bit of an introvert. China’s new panda diplomats touch down in DC
Two giant pandas from China have landed in Washington, marking the first time the American capital has welcomed a new set of furry diplomats from Beijing in 24 years.
Paris car show heats up with China-Europe rivalry as EV tariffs loom
Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market.
LVMH sales fall 3% as China demand for luxury goods worsens
French luxury giant LVMH reported a 3% fall in third-quarter sales, undershooting estimates in its first decline in quarterly sales since the pandemic and offering little reassurance to investors worried about the sector’s outlook.
LVMH third-quarter sales fall 3% as China weighs
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, as rising prices and economic uncertainty held back shoppers.