29 h. ago ‘Reason to be together’: India, Brazil boost ties amid US tariff tensions

India and Brazil are doubling down on economic and climate cooperation in a bid to strengthen Brics and bolster the Global South’s negotiating power as both nations face rising trade tensions with the United States. Analysts say the push – announced during Brazilian Vice-President Geraldo Alckmin’s visit to New Delhi last week – is not just about shielding their economies from punitive US tariffs, but also about asserting influence on multilateral issues ranging from energy security to global...

Events

38 h. ago China’s rare earth magnet exports to US plunge 29% as tensions simmer

The decline in China’s exports of rare earth magnets to the United States accelerated in September – a period predating Beijing’s expansion of controls over the flow of the critical minerals – an indication the prized items remain a major battleground in the ongoing trade war between the world’s two largest economies. China’s total exports to the US of the permanent magnets – essential components in manufacturing for several hi-tech industries, including electric vehicles and defence – reached...

Events

3 d. ago Why export controls accelerate innovation: Evidence from the 2007 US ‘China Rule’

Why export controls accelerate innovation: Evidence from the 2007 US ‘China Rule’  CEPR

Politics

7 d. ago How outdated power grids are hobbling Southeast Asia’s green energy boom

Southeast Asia must urgently modernise its electricity grids to sustain its economic boom and unlock the full potential of renewable energy, according to a new report. Without sweeping investment in digitalised “smart” networks, the region’s industrial competitiveness and climate goals are at risk, warns the report from the independent global energy think tank Ember. Over the past decade, renewable capacity across the 10-nation Asean bloc has more than doubled, but this rapid growth has been...

Politics

7 d. ago Chinese robotaxi firms Pony.ai, WeRide on road to Hong Kong IPOs

Pony.ai and WeRide, two leading robotaxi operators in mainland China, have taken their first steps towards share offerings on the Hong Kong stock exchange by filing fundraising plans with the securities regulator. They will join a clutch of mainland companies seeking to tap global investors’ growing interest in China’s electric vehicle (EV) industry as the key players accelerate their global expansion plans. According to documents published by the China Securities Regulatory Commission on...

Economics

7 d. ago Space Pioneer raises $350 million as China’s commercial launch boom accelerates

Space Pioneer raises $350 million as China’s commercial launch boom accelerates  SpaceNews

Economics

7 d. ago How India’s purchases of Russian oil are reshaping global energy trade

Western sanctions on Russia following its invasion of Ukraine have shifted global energy flows, with India and China emerging as prominent buyers of Russian oil. The question is no longer from whom New Delhi and Beijing will purchase energy, but in which currency they will pay. Amid warming ties between India and China following US President Donald Trump’s imposition of sweeping tariffs on Indian exports after New Delhi refused to stop purchasing Russian oil, Indian traders are reportedly asking...

Politics

7 d. ago Trump’s tariffs are pushing India closer to Russia and China

Western sanctions on Russia following its invasion of Ukraine have shifted global energy flows, with India and China emerging as prominent buyers of Russian oil. The question is no longer from whom New Delhi and Beijing will purchase energy, but in which currency they will pay. Amid warming ties between India and China following US President Donald Trump’s imposition of sweeping tariffs on Indian exports after New Delhi refused to stop purchasing Russian oil, Indian traders are reportedly asking...

Politics

8 d. ago China Mobile aims to triple AI computing power using homegrown chips

State-owned telecom giant China Mobile announced plans to use only homegrown chips for the nation’s largest artificial intelligence computing network by 2028, accelerating China’s efforts to become a leader in AI and reduce its reliance on foreign technology. China Mobile chairman Yang Jie outlined the ambitious target at the company’s Global Partners Conference in Guangzhou on Saturday. The telco, he said, planned to double its investment in AI and explore the construction of a computing...

Politics

9 d. ago China exports accelerate as Xi Jinping and Donald Trump raise stakes in trade war

China exports accelerate as Xi Jinping and Donald Trump raise stakes in trade war  Financial Times

Politics

9 d. ago Switzerland, China to Accelerate Trade Talks as US Tariffs Bite

Switzerland, China to Accelerate Trade Talks as US Tariffs Bite  Bloomberg.com

Politics

1 week ago 6 steps democracies must take to match China on climate action

Global energy investment is projected to reach US$3.3 trillion this year, with some US$2.2 trillion directed towards clean technologies, double the amount flowing into fossil fuels. Yet beneath these impressive figures, a crisis of confidence is unfolding. During the first half of this year alone, companies cancelled or scaled back more than US$22 billion in clean energy projects in the United States. These included high-profile battery facilities, storage systems and electric vehicle factories,...

Politics

1 week ago Green renewable energy outpaces coal for 1st time, as China remains global leader in clean power generation

Green renewable energy outpaces coal for 1st time, as China remains global leader in clean power generation  Global Times

Politics

2 w. ago China Accelerates Offshore Wind Growth as US Faces Headwinds

China Accelerates Offshore Wind Growth as US Faces Headwinds  offshoreWIND.biz

Politics

2 w. ago China is building out oil reserves at full speed ahead of emergency outcomes

China is building out oil reserves at full speed ahead of emergency outcomes  MSN

Politics

2 w. ago China accelerates oil reserve buildup after energy shock from Ukraine war

China accelerates oil reserve buildup after energy shock from Ukraine war  Cryptopolitan

Events

2 w. ago China Accelerates Oil Reserve Expansion to Shield Itself from Global Energy Volatility

China Accelerates Oil Reserve Expansion to Shield Itself from Global Energy Volatility  Modern Diplomacy

Politics

2 w. ago China accelerates oil reserve site build amid stockpiling drive

China accelerates oil reserve site build amid stockpiling drive  Reuters

Politics

2 w. ago Global energy export battle: China dominates US; clean tech eclipses fossil fuels

Global energy export battle: China dominates US; clean tech eclipses fossil fuels  Times of India

Events

2 w. ago China’s factory robot army; a ‘new global energy system’: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. 1 dead in Qinghai, hundreds evacuated as China’s rescue in Everest area continues One person has been reported dead in the wake of the sudden blizzard that engulfed Tibet and Qinghai over the weekend, as rescuers continue to evacuate hundreds of hikers from the eastern slopes of Mount Everest, according to official media. 2. As China’s population falls,...

Politics