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An aerial drone photo shows a view of Daqing oilfield in Daqing, northeast China’s Heilongjiang province, on December 4, 2025. Photo: Xinhua
China energy security

China broke oil and gas output records in 2025 – but Beijing is staying cautious

Beijing’s energy regulator has set more modest production targets this year after a record 2025 as mature fields deplete and extraction challenges mount.

Electric & new energy vehicles

Foreign carmakers lose more traction in China as luxury sales slide

Electric & new energy vehicles

China’s EV makers went from small fry to big shots. Can others do the same?

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China trade

China, Russia plan fifth rail link to keep trade chugging along in harsh winters

Heilongjiang province is studying feasibility of connecting Heihe city with Blagoveshchensk in Russia by train, aiming to remove road and waterway bottlenecks.

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A railway bridge between China’s Tongjiang and Russia’s Nizhneleninskoye is seen under construction in 2021, before opening in 2022. Photo: Xinhua
A railway bridge between China’s Tongjiang and Russia’s Nizhneleninskoye is seen under construction in 2021, before opening in 2022. Photo: Xinhua
China energy security

As Iran war drags on, China keeps tight grip on fuel exports despite eased curbs

Tight mandates remain in place to protect domestic energy security amid a resurgence of war in the Middle East.

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China manufacturing

China’s car industry is on a tear overseas. So why are sales at home plunging?

Chinese car brands have suffered a steep drop in domestic sales this year, with Beijing scaling back subsidies and buyers reluctant to spend.

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Electric & new energy vehicles

What will China’s phasing out of its EV battery tax break mean for the industry?

Beijing is attempting to curb overcapacity and intense domestic price wars by ending a decade-long levy exemption on batteries.

Cars produced by Chinese automakers BYD and MG at the Lianyungang port in China’s eastern Jiangsu province on July 1. Photo: AFP
Cars produced by Chinese automakers BYD and MG at the Lianyungang port in China’s eastern Jiangsu province on July 1. Photo: AFP
China airliners

EU test pilots find ‘no major hardware risks’ with China’s C919 jet: sources

European pilots are now wrapping up their long flight testing process for the C919, but it is still unclear when the jet might be certified, sources say.

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China exports

China did not qualify for the World Cup. It may have won in economic terms

While its men’s team has not competed since 2002, this year’s tournament has generated significant profit for many Chinese firms.

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China travel

The Haaland effect? Chinese tourists flock to Norway amid World Cup ad blitz

The hulking striker has become a huge star in China during the World Cup, helping his homeland attract a growing wave of tourists.

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Norwegian football star Erling Haaland has become the face of a major advertising campaign for the Chinese herbal drink brand Walovi during the World Cup. Photo: Captured from Instagram
Electric & new energy vehicles

Europe’s carmakers plan a comeback – powered by EU policies and Chinese tech

New regulations will help EU produce electric vehicles at a price point to match China, but European job losses would be among trade-offs.

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Illustration: Davies Christian
Illustration: Davies Christian
China shipbuilding

Chinese shipbuilders snap up more supertanker orders amid Iran war turmoil

Industry data shows China’s shipyards secured 82 per cent of tanker orders placed this year, as measured by carrying capacity.

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US, Israel war on Iran

Red Sea shutdown risk looms as US-Iran tensions threaten another oil surge

Tehran puts Houthi militants on notice to close critical shipping lanes, threatening a fresh supply shock as Brent crude notches 21 per cent rally since early July.

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China energy security

China ramps up output of ‘industrial gold’ ethylene amid Iran war disruptions

PetroChina’s Xinjiang hub shifts output to the western interior region to rebalance coastal-heavy sector and hit green goals as Middle East conflict flares.

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A PetroChina logo at a petrol station in Beijing. Photo: Reuters
China travel

China and Kazakhstan agree to add 28 round-trip flights a week

Officials meeting in Beijing also expanded list of approved Chinese cities to 11, including Chongqing.

A Kazakh government Airbus A320 lands at Astana airport in 2024. Photo: Shutterstock Images
A Kazakh government Airbus A320 lands at Astana airport in 2024. Photo: Shutterstock Images
Electric & new energy vehicles

Race against Tesla: China’s Xpeng eyes 2027 global launch for viral Iron robot

CEO He Xiaopeng projects the firm will sell 1 million robots by 2030 after ramping up mass production.

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China trade

Helium squeeze: China vows trade controls on gas to shield critical industries

A by-product of LNG production, helium is critical for hi-tech industries including semiconductors, medical equipment and aerospace.

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Electric & new energy vehicles

Charging ahead: why BYD plans to build 3,000 ‘flash-charging’ stations in Europe

The facilities will support BYD’s latest flash-charging technology, which can reportedly recharge a car’s battery in just 10 minutes.

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The Denza N9 hybrid electric SUV is one of several BYD models targeting the luxury end of the car market released over the past few years. Photo: Handout
The Denza N9 hybrid electric SUV is one of several BYD models targeting the luxury end of the car market released over the past few years. Photo: Handout
China-EU relations

Exclusive | Dutch Prime Minister Rob Jetten set to visit China next spring: sources

Food security and trade ministers have already visited this year, with another, by Economy Minister Heleen Herbert, under consideration.

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China trade

China’s imports from Africa surge after Beijing expands zero-tariff policy

China’s growing hunger for critical minerals partly drove the increase, but the tariff reduction is also fuelling trade in several new sectors.

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China-EU relations

EU’s trade panic over China

China’s growing trade surplus with the European Union has stoked anxieties within the bloc, driving defensive actions to protect its critical domestic markets.

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China manufacturing

The next rare earths? Why US fears another Chinese manufacturing advantage

China’s production of drug inputs has boomed in recent years, increasing market share and prompting fears of weaponisation in Washington.

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Illustration: Victor Sanjinez
Illustration: Victor Sanjinez
Yuan

China eyes broader global access to yuan assets, as panda bond demand surges

Beijing plans further reforms to make it easier to issue and trade panda bonds, as it focuses on boosting the yuan’s role as a global currency.

China trade

Giant Japanese trade group plans China visit amid tense economic ties

Delegation from prominent Japanese organisation seeks October talks in Beijing and Xian to repair business partnerships after geopolitical disputes snarled exchanges.

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China exports

Feeling the heat? As China exports soar, Europe’s ports are congested

Amid heatwaves, strikes and surging import volumes, strains on the transport network are causing frequent logistics bottlenecks.

A China-Europe freight train departing from Tongjiang North Railway Station in northeast China’s Heilongjiang province on August 9, 2024. Photo: Xinhua
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