China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand for gasoline and diesel. In the post-pandemic period, as flights returned to the skies, jet fuel was a boon for domestic refiners struggling with a sputtering economic recovery,…
TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, technology and business news website The Information reported on Sunday, citing unnamed sources. The news comes as US President Donald Trump said on Friday he will start…
TikTok is purportedly building a new version of its platform for users in the United States ahead of a planned sale to a group of investors, per technology publication The Information, which cited anonymous sources for the report. As it stands, the Chinese internet company Bytedance-created social media app aims to shut down its current…
A recent surge in Hong Kong’s exports masks a grim reality for frontline manufacturers, with some facing a sharp drop-off in new orders and bracing for renewed pressure on costs as a 90-day tariff truce between Washington and Beijing ends on Tuesday. Bryant Chan Wan-sing, president of toymaker the Wynnewood Corporation, said the sharp increase…
For China, the early- to mid-20th century was a time marked by political and social upheaval. It began with the Xinhai Revolution, which saw the end of the imperial system, before the Second Sino-Japanese War rocked the nation. The Chinese Communist Revolution and Cultural Revolution signified massive political and social shifts. In 1949, after the…
World War III will erupt when Chinese President Xi Jinping invades Taiwan and tasks Russian leader and ally Vladimir Putin to attack NATO nations to keep them out of the Pacific, the defense block’s top chief warned. NATO Secretary General Mark Rutte said it would be “naive” to believe that Xi’s ambition to conquer the…
Denis Simon is one of the leading experts on US-China science and technology cooperation as well as China’s innovation system. He has held senior roles including executive vice-chancellor at Duke Kunshan University and director of the US-China programme at Pennsylvania State University. He is teaching a graduate course on China science and technology policy at…
Jiang Enzhu, the first head of the central government’s liaison office in post-handover Hong Kong, famously likened understanding the city to reading a challenging book – one that demands serious attention and effort. At the time, his words served as a cautionary note to mainland officials. Now, Hong Kong having marked the 28th anniversary of…
Chinese Premier Li Qiang has lauded his country’s growing ties with Brazil as at their “best in history”, as both nations brace for a battle with the US over trade and the global order. Meeting Brazilian President Luiz Inácio Lula da Silva for talks on Saturday ahead of the Brics summit in Rio de Janeiro,…
If China invades Taiwan, Beijing will enlist Russia’s help to tie up NATO forces in Europe, the alliance’s top official has said. Why It Matters China and Russia signed a “no limits partnership” just ahead of Russian tanks rolling into Ukraine in early 2022. Western officials say Chinese assistance is key to propping up Russia’s…