China completes shipbuilding industry consolidation

China completes shipbuilding industry consolidation

Perama Ship Repair Zone Undergoes Upgrade with Acquisition of Additional State-of-the-Art Shipbuilding Cranes China Shipbuilding Industry has complete the effective integration into CSSC Holdings, the publicly traded subsidiary holding company for select China State Shipbuilding Corporation assets. This was a process with origins tracing to at least 2019, which gained substantial momentum last year, according…

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The Australian Dollar at risk ahead of Chinese data

The Australian Dollar at risk ahead of Chinese data

The Australian Dollar (AUD) traded slightly lower on Friday, below 0.6650 against the US Dollar (USD), losing 0.15% over the session. Caution dominates trading ahead of the weekend as traders await Monday’s release of key Industrial Production and Retail Sales data from China, Australia’s main trading partner. This Forex session is thus marked by contained…

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A Driving Force in Global Governance

A Driving Force in Global Governance

BEIJING, Sept. 12, 2025 /PRNewswire/ — A news report from China.org.cn on the South-South Cooperation Day: As UN Secretary-General António Guterres put it, the world can’t achieve the 2030 Agenda without the energy, ideas, and leadership of the (Global) South. The Shanghai Cooperation Organization (SCO) Tianjin Summit is a living testimony to this point. During the…

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file photo the audi e5 sportback the first model of audi s series of electric vehicles evs jointly developed with saic is showcased at a volkswagen event in shanghai china april 22 2025 reuters zoey zhang file photo

China’s EV tech forces globals to license for speed.

When Audi executives first encountered the Zeekr 001 in 2021—a long-range electric vehicle with European styling—it served as a stark wake-up call for the premium German automaker. Chinese technology was needed to compete with Chinese rivals. “The Zeekr 001 back then shocked quite everyone,” said Stefan Poetzl, president of SAIC Audi Sales and Marketing. “We…

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