11 h. ago China’s AI and EV boom drives record power demand, widening energy gap with US

China’s total electricity consumption hit a record high of 10.4 trillion kilowatt-hours (kWh) in 2025, more than double that of the US, the National Energy Administration (NEA) said on Saturday. The 5 per cent jump from the previous year marked the first time in China’s history that annual electricity consumption had surpassed 10 trillion kWh – the highest in the world and more than the combined total of the European Union, Russia, India and Japan, state broadcaster CCTV said, citing NEA...

Politics

33 h. ago China dumps more US debt, buys other assets as Trump targets Powell

China trimmed its holdings of US Treasuries in November to the lowest level since 2008, diverging from a global trend that saw total foreign ownership of the debt instruments hit a record high. Analysts say the prospect of a politicised Federal Reserve chairmanship under Donald Trump’s presidency has deepened Beijing’s concerns over its exposure to American debt, with more cuts expected. Beijing’s stockpile fell to US$682.6 billion in November, down from US$688.7 billion in October, according to...

Politics

3 d. ago KPop Demon Hunters leads to record exports of Korean instant noodles in 2025

South Korea’s exports of food and agriculture-related products, referred to as “K-food Plus”, hit a record annual high of US$13.62 billion in 2025. The country’s Agriculture Ministry also reported on Monday that Korean ramyeon or instant noodles posted the largest export gains, surpassing US$1.5 billion. The surge came amid the runaway success of KPop Demon Hunters, which ended 2025 as the most-watched film ever for the Netflix streaming platform.

Politics

3 d. ago China's 2025 oil imports, December inflows both hit record highs

China's 2025 oil imports, December inflows both hit record highs  Reuters

Events

3 d. ago China's December coal, iron ore, crude imports, steel exports hit record highs

China's December coal, iron ore, crude imports, steel exports hit record highs  Reuters

Events

2 w. ago BYD China EV sales drop in December as overseas deliveries hit record high

BYD China EV sales drop in December as overseas deliveries hit record high  Investing.com

Events

3 w. ago As Germany’s trade deficit with China nears new high, analysts warn of backlash

Germany’s trade deficit with China is on track to hit a record high in 2025 amid shrinking demand for German goods – a trend that appears unlikely to be reversed in the short term and which could trigger a protectionist backlash, according to analysts. China, already Germany’s biggest import partner, is set to increase its total exports to Germany by 7.2 per cent, with the value reaching €168 billion (US$197 billion), according to a forecast last week by Germany Trade and Invest (GTAI), an...

Events