- December 15th, 2025
In a major milestone for the next generation of aviation, Space Transportation, a Beijing-based aerospace company, announced on October 27 that its high-speed jet prototype, Yunxing, completed a successful test flight just a day prior. Capable of reaching speeds of...
China's electricity demand is projected to surge faster than previously anticipated in 2024, spurred by intense summer heatwaves and the economic stimulus initiatives designed to revitalize demand, according to the China Electricity Council’s (CEC) latest quarterly report. The council, which...
To countering perceived threats to national security, the Biden administration has finalized rules to restrict U.S. investments in sensitive Chinese technologies. The new guidelines, announced by the Treasury Department on Monday, October 28, will effectively prohibit U.S.-based firms, citizens, and...
During a critical diplomatic exchange last year near San Francisco, Chinese President Xi Jinping pressed U.S. President Joe Biden to make a key change to the language the United States uses to express its stance on Taiwan’s independence. According to...
Oil prices saw a moderate uptick on Tuesday following a dramatic drop on Monday, with Brent crude futures increasing by 0.6% to $71.86 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by 0.7% to $67.83. The bounce was...
The Japanese yen lingered near a three-month low against the U.S. dollar on Tuesday as Japan’s ruling coalition fell short of a parliamentary majority in weekend elections, stirring concerns about the country’s political and economic trajectory. Meanwhile, the U.S. dollar,...
China’s Ministry of State Security announced on Tuesday that it had successfully retrieved various spying devices from both the ocean surface and the deep sea, including sophisticated underwater “lighthouses” allegedly used to facilitate foreign submarine navigation. The ministry’s report underscores...
In a clear display of expanding influence, China has stirred up debate across the Pacific by docking two warships at Port Vila, Vanuatu, a region traditionally under the strong influence of Australia and the United States. The images of China’s...
As the U.S. presidential election draws near, the Philippines has expressed confidence that U.S. policies in the Asia-Pacific region will remain steady, regardless of the election’s outcome, according to the Philippines’ Defence Secretary, Gilberto Teodoro. Amid increasing tensions in the...
In a landmark move for China’s state-run oil industry, PetroChina is preparing to shutter its largest oil refinery in northern China, located in Dalian, around mid-2025. The Dalian Petrochemical refinery, which boasts a processing capacity of 410,000 barrels per day...
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