China digs in on coal, oil gains as energy crisis deepens

China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record surge in the cost of gas revived demand for the most polluting fossil fuels to keep factories open and homes heated.
9 October 2021, 18:00 PM

China presses US to cancel tariffs

China said on Saturday it pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a test of bilateral engagement between the world’s biggest economies.
9 October 2021, 18:00 PM

Protecting nature a ‘priority’: China

China will make the protection of nature a priority and crack down on damage to habitats, the government said in a policy paper days before it hosts talks aimed at drawing up a new global biodiversity treaty.
9 October 2021, 18:00 PM

Quotes of the day

“Realising national reunification by peaceful means best serves
9 October 2021, 18:00 PM

‘Bullying acts’

Taiwan yesterday accused Beijing of bullying and damaging regional peace after Chinese fighter jets and bombers made their largest ever incursion into the island’s air defence zone. 
2 October 2021, 18:00 PM

China's Belt and Road Initiative risks losing momentum: study

China's vast Belt and Road Initiative (BRI) is in danger of losing momentum as opposition in targeted countries rises and debts mount, paving the way for rival schemes to squeeze Beijing out, a new study showed on Wednesday.
29 September 2021, 12:30 PM

China lets US siblings return home

An American brother and sister barred from exiting China since 2018 in an apparent bid to pressure their father to return and face criminal allegations have finally left the country, Beijing and Washington confirmed yesterday.
28 September 2021, 18:00 PM

‘Complex and grim’

The situation in the Taiwan Strait is “complex and grim”, Chinese President Xi Jinping yesterday wrote in a congratulatory letter to the newly elected leader of Taiwan’s main opposition party, who has pledged to renew talks with Beijing.
26 September 2021, 18:00 PM

Tesla Shanghai to make 300,000 cars in Jan-Sep despite chip shortage

Tesla Inc’s Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush in the end of the July-September quarter, despite a global semiconductor shortage, two sources said.
26 September 2021, 18:00 PM

China steps up funding oversight of Evergrande property projects

Several local governments in China have set up special custodian accounts for property projects of its most indebted developer, Evergrande, to protect funds earmarked for housing projects from being diverted, media outlet Caixin said. 
26 September 2021, 18:00 PM

China welcomes Huawei executive home, Trudeau hugs Canadians freed by Beijing

Huawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday, ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China and the two western allies.
26 September 2021, 03:59 AM

China frees two Canadians after Huawei boss released

Huawei executive Meng Wanzhou was headed home from Vancouver yesterday as two Canadians were released from prison in China, ending a bitter diplomatic row that has poisoned ties for three years.
25 September 2021, 18:00 PM

China’s central bank rules all crypto transactions are illegal

China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.
25 September 2021, 18:00 PM

Shanghai encourages ‘duty-free economy’

The Shanghai government will support companies applying for approval to sell duty-free goods, and encourage duty-free shops to be set up at airports, hotels, malls and other commercial venues, municipal authorities said.
19 September 2021, 18:00 PM

Chinese astronauts return to Earth after 90-day mission

Three Chinese astronauts returned to Earth yesterday after completing the country’s longest-ever crewed mission, the latest landmark in Beijing’s drive to become a major space power.
17 September 2021, 18:00 PM

China warns pact could ‘hurt their own interests’

China yesterday denounced a new Indo-Pacific security alliance between the United States, Britain and Australia, saying such partnerships should not target third countries and warning of an intensified arms race in the region.
16 September 2021, 18:00 PM

Chinese court throws out first #MeToo case

A Chinese court on Tuesday threw out a landmark sexual harassment case on the basis of insufficient evidence, in a blow to the country’s fledgling #MeToo movement.
15 September 2021, 18:00 PM

China bans private tutors from giving online classes

China on Wednesday banned private tutors from giving classes online or in unregistered venues such as residential buildings, hotels and coffee shops, ramping up its effort to stamp out all for-profit tutoring.
8 September 2021, 10:47 AM

China PM urges major powers to ‘take responsibility’ for environment

Chinese Premier Li Keqiang urged major powers to “show responsibility” and play a leading role in improving global environmental governance and addressing such challenges as climate change.
4 September 2021, 18:00 PM

China’s services activity slumps into contraction

Activity in China’s services sector slumped into sharp contraction in August, a private survey showed on Friday, as restrictions to curb the Covid-19 Delta variant threatened to derail the recovery in the world’s second-biggest economy.
4 September 2021, 18:00 PM