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China’s imports of Iranian oil have fallen sharply in recent months, according to the US think tank Middle East Forum, citing data from commodity intelligence firm Kpler. Photo: Reuters
China energy security

How China could benefit as US-Iran talks raise hopes of oil sanctions relief

Beijing’s support is seen as critical to peace negotiations – and analysts believe this could push Washington to relax sanctions on Chinese oil buyers.

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US-China relations

US investment returning? Chinese data shows double-digit growth in early 2026

China consumption

China sales hold up as European luxury brands warn of Iran war impact

Made in China 2025

China’s machinery giant XCMG eyes bigger scoop of global sales

State-owned firm banks on intelligent manufacturing, green technology, product integration and digital services to boost sales overseas.

A giant XCMG truck dwarfs other vehicles at the company’s customer festival in Xuzhou, in eastern China’s Jiangsu province, on May 19. Photo: Handout
A giant XCMG truck dwarfs other vehicles at the company’s customer festival in Xuzhou, in eastern China’s Jiangsu province, on May 19. Photo: Handout
China trade

Chinese traders in Iran keep business afloat as war capsizes naval shipping

Extended disruption caused by conflict has prompted Chinese merchants to turn to railway and land transport routes to trade goods.

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China education

‘Natural’ choice: why Unesco’s new STEM education centre is based in Shanghai

China is working with the UN agency to help the world’s least developed countries advance technical education and grow their talent pools.

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China manufacturing

China told the solar industry to cut capacity. Firms built new factories anyway

Beijing has been striving to rein in severe overcapacity in the solar industry. But the sector is still plagued by illegal facilities, an insider says.

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Chinese workers prepare panels that will be part of a large floating solar farm project in the central Anhui province. Photo: Getty Images
Chinese workers prepare panels that will be part of a large floating solar farm project in the central Anhui province. Photo: Getty Images
Hong Kong stock market

SpaceX share sale won’t drain Hong Kong IPO boom, JPMorgan says

Bank sees strong demand for Chinese AI, robotics and healthcare listings despite SpaceX’s projected record-breaking IPO in the US.

China-Russia relations

Putin left China, with no pipeline deal. Why is the valve still closed?

Though this week’s China-Russia summit featured many agreements, none progressed the long-delayed Power of Siberia 2 natural gas pipeline.

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US-China trade war

China’s top trade negotiator urges Apec to grow economic pie, divide it fairly

At ministerial meeting in Suzhou, Li Chenggang urges representatives of 21 economies to ‘reject zero-sum thinking’.

Li Chenggang, China’s international trade representative and a vice-minister of commerce, speaks during the opening ceremony of the Apec ministerial meeting in Suzhou, Jiangsu province, on Friday. Photo: EPA
China-EU relations

China overtakes US to become top foreign investor in Germany

Deteriorating transatlantic relationship and high energy and labour costs are making American firms think twice before moving into German market.

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President Xi Jinping welcomes German Chancellor Friedrich Merz at the State Guest House in Beijing on February 25. Photo: DPA
President Xi Jinping welcomes German Chancellor Friedrich Merz at the State Guest House in Beijing on February 25. Photo: DPA
Banking & finance

AIIB launches US$10 billion facility to help nations hit by Iran war fallout

The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank.

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Belt and Road Initiative

China’s new US$10.7 billion canal near completion to boost Asean trade links

The Pinglu Canal – a US$10 billion waterway connecting China’s heartlands to the Gulf of Tonkin – will begin trial operations as soon as September.

US-China trade war

From mine to market: how China is closing critical mineral security gaps

New law coordinates control over the full supply chain as Beijing frames minerals as a national security priority.

Blocks with symbols and atomic numbers of rare earth elements in this illustration taken on January 21. Photo: Reuters
China energy security

As Chinese supertankers cross Strait of Hormuz, is the crisis starting to ease?

Two Chinese tankers were among group of vessels transiting vital waterway on Wednesday, but was it a one-off or the start of a new trend?

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Ships and swimmers are seen in the Strait of Hormuz on Thursday. The strategic waterway has been largely closed to traffic since the Iran war began. Photo: WANA via Reuters
Ships and swimmers are seen in the Strait of Hormuz on Thursday. The strategic waterway has been largely closed to traffic since the Iran war began. Photo: WANA via Reuters
China trade

Asia-Pacific trade risks loom large as Apec official warns of protectionism

China is urged to evolve as a world buyer, ahead of ministers’ gathering in Suzhou where a raft of far-reaching trade issues will be discussed.

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China-Middle East relations

China breaks ground on Gulf aviation megaproject in shadow of Iran war

A state-owned firm has launched work on a massive aviation complex, signalling continued confidence amid regional conflict.

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Yuan

China’s yuan hits 3-year high as global banks issue bullish forecasts

Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation.

Beijing has set the Chinese yuan at its strongest level against the US dollar since February 2023. Photo: Shutterstock
Beijing has set the Chinese yuan at its strongest level against the US dollar since February 2023. Photo: Shutterstock
Electric & new energy vehicles

China’s Chery plans for 1m EVs sold abroad amid global energy crisis

Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.

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US-China trade war

China says US agreed to a maximum tariff rate. Could the trade war be waning?

Beijing says Washington agreed to keep future trade levies at numbers set in trade talks last year.

China exports

Japanese firms warn of ‘severe’ magnet shortages as China’s exports remain low

China’s exports of rare earth magnets to Japan recovered only modestly last month, with Japanese firms warning of ‘severe’ shortages.

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Workers transport soil containing rare earth elements for export at a port in China’s eastern Jiangsu province. Photo: Reuters
China-EU relations

Chinese investment in Europe surges to 7-year high despite rising trade tensions

But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels.

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Chinese battery giant Contemporary Amperex Technology Ltd is building a huge new facility in Debrecen, Hungary. Photo: Reuters
Chinese battery giant Contemporary Amperex Technology Ltd is building a huge new facility in Debrecen, Hungary. Photo: Reuters
Belt and Road Initiative

China’s BeiDou leads GPS, other rivals across belt and road network: report

Products and services compatible with China’s navigation system have captured 58 per cent market share in countries in the trade initiative.

China energy security

Putin is pushing for a ‘serious’ new energy deal in China. Will he get it?

The Russian leader arrives in China days after Trump in search of an energy deal, with yuan settlements, pricing potentially on the table.

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Yuan

As the world retreats from US Treasuries, will the sell-off deepen?

China is one of several nations trimming their exposure to US debt, as inflation drives Treasury yields to levels not seen since 2007.

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Kevin Warsh was confirmed as the next chairman of the US Federal Reserve earlier this month. Photo: Reuters
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