Norwegian shipping company Champion Tankers has confirmed that it is exercising options for two additional medium-range (MR) product tankers at a Chinese shipyard, completing its latest series of newbuild orders and signaling confidence in continued demand for refined product transport. The deal, industry sources say, was finalized this week and covers the last two vessels […]
China’s top political advisory body has urged its members to contribute expertise and innovative ideas toward the drafting of the country’s 15th Five-Year Plan (2026–2030), a blueprint expected to guide national development through the next stage of modernization. At a recent meeting of the Chinese People’s Political Consultative Conference (CPPCC), senior officials stressed the importance […]
China is exploring the creation of yuan-backed stablecoins as part of efforts to expand the international use of its currency, according to people familiar with early-stage policy discussions. Sources told reporters that policymakers and financial regulators have been holding informal consultations on whether state-backed institutions or licensed private firms could issue digital tokens pegged to […]
Xizang, known internationally as Tibet, has reported steady socio-economic progress over the past six decades, with Chinese officials pointing to poverty eradication, infrastructure expansion, and improved living standards as evidence of the region’s transformation. According to government data, per capita disposable income in Xizang has risen consistently, while access to healthcare, education, and modern housing […]
China has marked 60 years since the establishment of the Xizang Autonomous Region, highlighting what officials describe as sweeping progress in economic growth, infrastructure, healthcare, and poverty reduction. At a commemorative event in Lhasa, senior leaders underscored the transformation of the region—known internationally as Tibet from one of the country’s most isolated areas into a […]
Global mining giant BHP is betting on the resilience of Chinese exports and accelerating growth in India to underpin commodity demand, even as global markets face persistent economic headwinds. In its latest market outlook released this week, the Australian resources company said China’s role as a manufacturing and export powerhouse remains critical for sustaining demand […]
China’s economic ties with fellow members of the Shanghai Cooperation Organisation (SCO) continued to expand in the first half of 2025, with bilateral trade volumes approaching $250 billion, according to official figures released by Beijing. The Ministry of Commerce said on Monday that trade between China and other SCO states grew steadily, driven by stronger […]
Tesla has announced that a new variant of its popular Model Y, dubbed the Model Y “L,” will be launched in China soon, as the electric vehicle maker seeks to strengthen its position in the world’s largest EV market. The company shared early details on its official Chinese website and social media platforms, confirming that […]
China has sharply criticised Germany for what it described as “hyping regional tensions” in the Asia-Pacific, after Berlin raised concerns about Beijing’s growing assertiveness in the South China Sea and Taiwan Strait. The rebuke came after senior German officials called for greater European engagement in safeguarding “freedom of navigation” in Asia’s contested waters, echoing concerns […]
China has sharply criticised Germany for what it described as “hyping regional tensions” in the Asia-Pacific, after Berlin raised concerns about Beijing’s growing assertiveness in the South China Sea and Taiwan Strait. The rebuke came after senior German officials called for greater European engagement in safeguarding “freedom of navigation” in Asia’s contested waters, echoing concerns […]