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Keywords: China


Japan extracts rare earths at record ocean depth

Japan announced Monday it has successfully retrieved sediment rich in rare earth elements from 6,000 meters under the Pacific Ocean, achieving the world's first extraction of these strategic minerals at such extreme depths. The breakthrough comes as Tokyo aims to cut heavy reliance on Chinese imports......

China's solar capacity to surpass coal for first time in 2026

Elon Musk has sounded the alarm on China's explosive energy expansion, predicting the country's electricity generation will triple that of the United States within two years, driven by unprecedented solar development. "China's electricity production continues to grow at a staggering......

China leads world's largest foreign currency reserve holders

China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......

China's export surge hides deepening domestic slump

In the bustling port city of Ningbo, just two hours south of Shanghai, China's economic paradoxes stand out starkly. The Ningbo-Zhoushan port handled 1.4 billion tons of cargo in 2025, holding its title as the world's busiest for the 17th year running. Yet a short distance up the Yong River,......

China ends credit restrictions that sparked property crisis

China has officially scrapped its "three red lines" policy for real estate developers, lifting the strict credit limits that ignited a debt crisis still rippling through the world's second-largest economy. According to a report from China Real Estate Business, a publication under the Ministry......

U.S. Treasury labels yuan largely undervalued, warns China

The U.S. Treasury labeled China's yuan "largely undervalued" on Thursday and urged Beijing to let it appreciate, toughening its tone in the semiannual currency report while stopping short of naming China a currency manipulator. The assessment cites China's "extremely large and......

UK and China forge major trade deals on Starmer's landmark Beijing visit

British Prime Minister Keir Starmer and Chinese President Xi Jinping announced significant trade agreements Thursday, marking the first visit by a UK leader to China in eight years. The deals, unveiled during an 80-minute meeting at Beijing's Great Hall of the People, include AstraZeneca's 15......

Volkswagen CEO faces pivotal year after $48 billion market value loss

Investors are pressing Volkswagen CEO Oliver Blume for concrete results in what they view as a make-or-break year for the German automaker. Now freed from his dual role at Porsche, which ended January 1, Blume has a narrowing window to halt the company's decline in China and address critical technology......

China unveils orbital AI data centers and space tourism plans

China has announced bold initiatives to launch space tourism and gigawatt-scale orbital data centers for artificial intelligence within the next five years, escalating its rivalry with the United States in what both view as the next arena for commercial and strategic supremacy. State media reported that......

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