Chinas
China’s CNOOC reports major gas breakthrough in South China Sea
CNOOC has achieved a major exploration breakthrough in an ultra-shallow gas play in ultra-deep water South China Sea, the state-owned oil and gas firm said on Thursday (Jun 6).
Its...
China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
BEIJING-BASED rocket developer Space Pioneer said on Thursday (Jun 6) that it had completed more than 1.5 billion yuan (S$280 million) round of fundraising that will go towards financing...
China’s dwindling ‘snowball’ derivatives deliver a big payout
MORE investors in the Chinese index-linked derivatives known as snowballs are cashing in, reaping gains just as regulators are trying to rein in the popular but potentially risky products....
China’s Sinograin to expand wheat stockpiles as global supplies fall
CHINA will expand its wheat stockpile by increasing buying from domestic producers as the world’s top producer and consumer of the staple grain looks to secure supply amid recent...
China’s solar giant Longi says it will adjust production amid ‘complex’ environment
CHINA’S Longi Green Energy Technology, one of the world’s largest solar panel manufacturers, said on Tuesday (Jun 4) it would “adjust” production amid a “complex industry environment”, but remains...
China’s Great Wall Motor closes European HQ and lays off workers
CHINESE carmaker Great Wall Motor plans to shutter its European headquarters in Munich in August and lay off about 100 workers.The company, one of the largest independent auto manufacturers...
China’s electric vehicle dominance in Asia-Pacific faces no immediate challenger
CHINA’S position atop the global electric vehicle (EV) throne seems unassailable – at least for the next few years. This will be especially true in the Asia-Pacific region, which...
China’s 3.9 trillion yuan deposit exodus supercharges rally in bonds
CHINA’S efforts to bolster economic growth by reducing the allure of bank deposits has driven a record exodus from cash, with a big proportion of that going into bonds...
