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Keywords: China


China clean energy capacity surpasses fossil fuels for first time

China’s installed clean energy capacity has exceeded fossil fuels for the first time, marking a significant milestone in the country’s energy transition. New data from Global Energy Monitor show that as of February 2026, 52 percent of China’s operating power capacity comes from non......

Japan lodges protest after Beijing accuses it of “reviving militarism”

Japan has formally protested to China after senior Chinese officials accused Tokyo of encouraging a return to militarism, deepening tensions between the two Asian powers at a time of heightened regional uncertainty. The dispute escalated following remarks by Chinese Foreign Minister Wang Yi during the......

China to grant zero tariff access to 53 African nations in 2026

China will open its market to duty free imports from 53 African countries beginning in May 2026, extending zero tariff treatment to eligible goods from nations that maintain diplomatic relations with Beijing. The decision broadens earlier preferential trade arrangements that applied to a smaller group......

China extends zero tariff access to 53 African nations

China has announced it will grant zero tariff treatment to imports from 53 African countries with which it maintains diplomatic relations, effective 1 May 2026. The policy, confirmed by state media and regional outlets, expands existing trade preferences that already provided duty free access to a group......

WTO chief warns China’s $1.2 trillion trade surplus is unsustainable

World Trade Organization Director General Ngozi Okonjo-Iweala has urged China to rethink its export-driven growth strategy, warning that the country’s record $1.2 trillion trade surplus cannot be sustained because the rest of the world is unable to absorb it. Speaking at the Munich Security Conference,......

US envoy says China holds leverage to end Ukraine war

The United States ambassador to NATO told world leaders at the Munich Security Conference that China remains the pivotal actor capable of influencing the course of the war in Ukraine, arguing that Beijing’s economic and technological support has sustained Russia’s military campaign. Speaking......

Tesla retail sales in China plunge 45 percent to lowest level since 2022

Tesla is facing mounting pressure in its two largest overseas markets after January 2026 data showed sharp sales declines in both China and Europe, as the company appoints its fourth global sales chief in 18 months. In China, the world’s largest electric vehicle market, Tesla’s retail sales......

Saudi oil exports to China set for multi year high in March

Saudi Arabia’s crude shipments to China are expected to climb to their highest level in years in March 2026 after the kingdom cut its official selling prices to Asia for a fourth straight month, prompting stronger demand from Chinese refiners, industry sources told Reuters. State energy giant......

Mercedes-Benz profits plunge 57 percent in 2025 amid tariffs and China slowdown

Mercedes-Benz Group reported a sharp decline in earnings for 2025, as global tariffs and mounting competition in China weighed heavily on the German luxury carmaker’s performance. The Stuttgart-based manufacturer said its group earnings before interest and taxes fell 57 percent to 5.8 billion......

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