China

China

Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet

Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …

Nuclear Reactor

China Approves Construction of Ten New Nuclear Reactors

China has authorized the construction of ten new nuclear reactors in 2025, marking the fourth consecutive year with at least ten approvals. This decision reinfo…

Crude Oil

Sinopec’s Quarterly Net Income Falls 28% on Slower Fuel Sales

On Monday, China Petroleum & Chemical Corp, known as Sinopec, reported a 27.6% decline in first-quarter net income compared to the previous year. The company, l…

Thailand

RCL Boosts Boxship Orderbook

Thailand’s Regional Carrier Lines (RCL) is expanding its fleet by ordering four new containerships from shipyards in China, as announced in a recent stock…

FLNG

Wison New Energies Nets Work on Petronas FLNG Set for Suriname

China’s Wison New Energies has finalized the detailed feasibility study for a new floating liquefied natural gas (FLNG) facility to be located offshore Su…

China

China Accelerates Shift to Brazilian Soybeans, as US Agricultural Exports Plunge Amid Tariffs

In April 2025, China’s Zhejiang Province is seeing a significant increase in soybean shipments from Brazil. Around 40 Brazilian soybean vessels are expect…

China

Mainland China’s Smartphone Market Grows 5% in Q1 2025, Xiaomi Takes Top Spot

Mainland China’s smartphone market shipped 70.9 million units in the first quarter of 2025, a 5% year-on-year increase, according to research from Canalys…

China

Chinese Airlines Transport 34% More International Passengers in Q1: Official

Chinese airlines carried 18.925 million international passengers in the first quarter, a 34% year-on-year increase and 4.5% above 2019 levels, the Civil Aviatio…

Nuclear Power Plant (NPP)

China Tops Global Rankings in Overall Nuclear Power Scale for First Time

China has achieved the world’s largest nuclear power capacity, with 102 units—operational, under construction, or approved—totaling 113 million kilowatt…

China

China’s JD.com Inches Closer to Korean Entry After Setting up Logistics Centers in Gyeonggi

JD.com, a leading Chinese e-commerce company, has established logistics centers in Incheon and Icheon, Gyeonggi, South Korea, signaling its intent to enter the …

Nuclear Power Plant (NPP)

New Nuclear Power Projects Get Green Light

On Sunday, China’s State Council, chaired by Premier Li Qiang, approved several new nuclear power projects, including Phase III of the Sanmen Nuclear Powe…

Offshore Wind Power

Azerbaijan and China to Jointly Develop Offshore Wind Project in Caspian Sea

The Ministry of Energy of Azerbaijan has entered into two agreements with Chinese companies to advance a 2 GW offshore wind project in the Caspian Sea. A Memora…

Metal

Lynas Rare Earths’ Q3 Revenue Misses Estimates as Pricing, Volatility Weighs

Lynas Rare Earths, the largest producer of rare earths outside China, reported its third-quarter gross sales revenue on Monday, reaching A$123 million ($78.62 m…

Metal

Tesla Humanoid Robot Project Hampered by China’s Rare Earth Export Curbs

During a recent earnings call, Tesla CEO Elon Musk announced that production of the company’s Optimus humanoid robot faces delays due to China’s exp…

China

JD Logistics, Faurecia Enter Into Strategic Partnership to Drive Green, Digital Innovation of Auto Supply Chain

On April 25, during the "FORVIA Group 2025 Sustainability Day" event, JD Logistics and Faurecia (China) Holding Co., Ltd., a subsidiary of FORVIA Group, signed …