China’s wind turbine exports reached a record high in 2025, increasing about 50% from a year earlier to roughly 8 million kilowatts, reports Caixin. This comes as manufacturers accelerated a strategic shift toward building production bases overseas. The export estimate was based on data released in late January by Qin Haiyan, secretary general of the Wind […]
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Chinese state-owned companies are buying foreclosed property projects, reports Reuters. The move is a sign that government efforts to reduce massive oversupply in the crisis-hit housing sector are finally getting traction, albeit at a slow pace. Analysts say the involvement of state firms may cushion the pace of further home price falls and ease the drag […]
China will impose anti-subsidy duties on certain dairy imports from the European Union for five years, reports Caixin. This comes after the Ministry of Commerce (MOC) concluded that government support had harmed the domestic industry. The MOC said Thursday that the final ruling covers products including cheese and fresh cream and will take effect Friday. The […]
OpenAI has warned US lawmakers that Chinese AI startup DeepSeek is targeting the ChatGPT maker and the nation’s leading AI companies to replicate models and use them for its own training, reports Reuters, citing a memo it viewed. Sam Altman-led OpenAI accused DeepSeek of “ongoing efforts to free-ride on the capabilities developed by OpenAI and other […]
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The Fire Horse approaches
According to Chinese astrology, the fire horse year, which comes around once every 60 years, is one of intense change with dynamism, instability and creativity at the fore. But you don’t have to be a Chinese astrologist to be able to predict that given the current state of the world. In nearly all areas, there […]