14 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

36 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

41 h. ago Hong Kong’s finance chief warns of market volatility, pledges support for families

Hong Kong’s capital market is likely to experience significant fluctuations this year owing to intensifying geopolitical risks, the city’s finance chief has warned, stressing the need for caution in financial management. Six weeks before the government unveils its annual budget, Financial Secretary Paul Chan Mo-po pledged to consider whether there is scope to adjust child allowance to encourage more births, after a Post report revealed that Hong Kong’s registered births hit a record low last...

Events

47 h. ago China Vanke Bonds Extend Rally on Sweetened Extension Proposals

China Vanke Bonds Extend Rally on Sweetened Extension Proposals  Bloomberg.com

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61 h. ago China’s trade surplus hit record $1.19 trillion despite Trump tariffs & US trade war in 2025

China’s trade surplus hit record $1.19 trillion despite Trump tariffs & US trade war in 2025  ThePrint

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3 d. ago China’s 2025 Soybean Imports Hit Record, Fueled by S. American Purchases

China’s 2025 Soybean Imports Hit Record, Fueled by S. American Purchases  Successful Farming

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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

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3 d. ago China's 2025 soybean imports hit record, fuelled by S. American purchases

China's 2025 soybean imports hit record, fuelled by S. American purchases  Reuters

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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

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4 d. ago Registered births in Hong Kong hit record low in 2025, ending 2

The number of registered births in Hong Kong plunged to a record low of 31,714 in 2025, despite a range of government incentives to encourage families to have more children, ending two years of growth, the Post has learned. The figure was also well below the government’s target of increasing births by 20 per cent from the previous historic low recorded in 2022. Experts and parents said the government needed to tackle the underlying causes of the city’s low birth rates. “Those incentives were...

Events

4 d. ago China Vanke seeks to further extend grace period for 2 bln yuan bond

China Vanke seeks to further extend grace period for 2 bln yuan bond- Reuters  Investing.com

Politics

4 d. ago China Vanke seeks to further extend grace period for a yuan bond by 90 trading days, sources say

China Vanke seeks to further extend grace period for a yuan bond by 90 trading days, sources say  Reuters

Politics

5 d. ago China AI, chipmaking stocks extend rally as IPO boom boosts sentiment

China AI, chipmaking stocks extend rally as IPO boom boosts sentiment  Investing.com

Politics

5 d. ago Hong Kong stocks rise on tech, health gains as mainland China turnover hits record

Hong Kong stocks rallied on Monday, lifted by gains in healthcare and technology shares, while daily turnover on mainland China’s exchanges surged to a record high. The Hang Seng Index climbed 1.4 per cent to close at 26,608.48, while the Hang Seng Tech Index climbed 2.9 per cent. On the mainland, the CSI 300 Index advanced 0.65 per cent and the Shanghai Composite Index gained 1.1 per cent. Trading volume on the Shanghai and Shenzhen exchanges shares hit a record 3.58 trillion yuan (US$513.2...

Events

6 d. ago How ancient China ‘borrowing longevity’ custom helps to extend lifespan of seriously ill people

A superstitious Chinese custom known as “borrowing longevity” involved performing a ritual to pray to the gods when a relative was seriously ill. During this ritual, individuals would voluntarily offer to shorten their own lifespans in hopes of extending the patient’s life. In ancient China, people held a profound belief in fate, considering a person’s lifespan predetermined and unchangeable. However, they also believed that life expectancy could be borrowed or exchanged. When parents were...

Politics

1 week ago Tesla’s China sales hit monthly record as EV buyers race to beat tax increase

Tesla’s deliveries in China jumped to an all-time high in December, buoyed by a buying spree before the government withdrew part of a tax incentive. But the US carmaker is still facing an uphill battle to reclaim its once-secure lead in the world’s largest electric vehicle (EV) market amid a stern challenge from local rivals. In December, Tesla’s Gigafactory in Shanghai delivered about 94,000 Model 3 and Model Y vehicles to mainland Chinese customers, 13.4 per cent higher than the previous...

Economics

1 week ago Tesla’s China sales hit record as EV buyers race to beat tax increase

Tesla’s China sales hit record as EV buyers race to beat tax increase  South China Morning Post

Economics

2 w. ago China’s box office up 22% in 2025 to US$7.4 billion, led by record

China’s box office revenue jumped nearly 22 per cent in 2025, driven by a record-breaking domestic animated hit that helped the market rebound from a soft patch. Total ticket sales reached 51.8 billion yuan (US$7.4 billion), the second-highest level in five years, according to data released by the China Film Administration on Thursday. While surpassing 2024’s haul, last year’s total trailed the 54.92 billion yuan recorded in 2023. Local films continued to dominate the world’s second-largest...

Economics

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

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