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Janet Yellen says G7 to discuss Chinese overproduction that ‘significantly exceeds global demand’ at FM meeting in Italy

by Walter Watson
Janet Yellen says G7 to discuss Chinese overproduction that ‘significantly exceeds global demand’ at FM meeting in Italy

The subject “will be a focus at the G7 meetings in Italy later this week”, she added. In remarks on the importance of the US-European alliance in Frankfurt, Yellen said …

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Opinion | Western concerns about Chinese oversupplies are woefully misplaced

by Walter Watson
Opinion | Western concerns about Chinese oversupplies are woefully misplaced

China’s ambitions to recover its “proper” place in the world were always going to be problematic for those in the West who have benefited from their economic dominance. With almost …

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Opinion | How progress, not just profit, drives China’s approach to industry

by Walter Watson
Opinion | How progress, not just profit, drives China’s approach to industry

In a tense election year for the United States, Secretary of State Antony Blinken criticised Chinese non-market practices during a recent visit to China, amid suggestions of further tariffs on …

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South Korean man who murdered neighbour over blocked sunlight dispute gets 23 years in jail

by Walter Watson
South Korean man who murdered neighbour over blocked sunlight dispute gets 23 years in jail

A man in South Korea has been sentenced to 23 years in prison for murdering his elderly neighbour following a dispute over a tree that blocked sunlight from reaching his …

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China-Middle East commercial ties enjoying a ‘renaissance’ as politics, trade spats strengthen shift from West, consultancy says

by Anas Siddiqui
China-Middle East commercial ties enjoying a ‘renaissance’ as politics, trade spats strengthen shift from West, consultancy says

Commercial ties between China and the Middle East are enjoying a revival as geopolitics, energy transition and supply-chain upheavals create new opportunities for major exporters like car makers and battery …

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Canton Fair: China’s new energy exporters abuzz as orders swell, threat of trade curbs looms

by Walter Watson
Canton Fair: China’s new energy exporters abuzz as orders swell, threat of trade curbs looms

Chinese exporters are maintaining a sunny outlook for the year, paying no heed to the storm clouds forming over the domestic new energy industry after allegations of overcapacity by the …

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Green innovation: Hong Kong start-ups nurture trillions of tiny algae as carbon-capture tech to address climate change

by Anas Siddiqui
Green innovation: Hong Kong start-ups nurture trillions of tiny algae as carbon-capture tech to address climate change

Most plant life on the planet does the same thing, producing oxygen and energy for its own use in the process. But microalgae have a prodigious capacity for carbon dioxide …

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China’s excess clean energy production is ‘likely only temporary’, former central bank chief says

by Ron Morgan
China’s excess clean energy production is ‘likely only temporary’, former central bank chief says

Zhou said one of the factors contributing to excess capacity was slow progress in upgrading power grids and installing energy storage facilities. “Overcapacity is likely only temporary since the world …

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Opinion | China’s rise as world’s green factory has put West on the back foot

by Walter Watson
Opinion | China’s rise as world’s green factory has put West on the back foot

The West finds itself in a game of whack-a-mole as it seeks to thwart the development of key Chinese industries with tariffs, other economic sanctions and even national security barriers …

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Odysseus spacecraft comms from moon expected to halt on Wednesday

by Walter Watson
Odysseus spacecraft comms from moon expected to halt on Wednesday

Odysseus, the first U.S. spacecraft to land on the moon in half a century, was expected to go dark on Wednesday, six days after an off-kilter touchdown that hindered its …

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