China’s Xi Speeds Up Inward Economic Shift
Autonomous-vehicle road testing has skidded to a halt in the U.S. amid the Covid-19 pandemic. But China’s startups have pushed ahead by more than doubling the number of self-driving car Continue Reading
Tankers Waiting for Weeks off Congested China Ports, Oil Facilities
More than half of the vessels are very large crude carriers, the workhorses of seaborne oil trade, which can move up to two million barrels each in a single sailing. Continue Reading
Beijing on flood alert as rains hamper China’s economic recovery
Beijing is on alert for flooding as China struggles with a series of severe weather events that are driving up food prices and threatening its economic recovery from coronavirus. The Beijing Continue Reading
China’s Days as World’s Factory Are Over, IPhone Maker Says
A key supplier to Apple Inc. and a dozen other tech giants plans to split its supply chain between the Chinese market and the U.S., declaring that China’s time as factory Continue Reading
In China, fears of financial Iron Curtain as U.S. tensions rise
A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global Continue Reading
McKinsey Sees $4.7 Trillion in Labor Risk as Asian Climate Warms
Lethal heatwaves, droughts, floods and typhoons will become more common in Asia-Pacific, which faces more severe potential impacts from climate change than many parts of the world, according to McKinsey & Continue Reading
China launches ‘Clean Plate’ campaign against food waste
Chinese President Xi stressed the need to maintain a sense of ‘crisis’ around food China has stepped up measures to reduce food waste, after President Xi Jinping called the amount Continue Reading
Gasoline Demand On the Rise in the Waning Days of Summer
U.S. gasoline consumption recovered last week to where it stood just before the pandemic forced everyone inside but uncertainty lingers for the oil industry as driving season season approaches its Continue Reading
In a Summer of Extreme Weather, Climate Costs Remain Mysterious
How much does climate change actually cost? It’s one of the more important questions, and also one of the more difficult ones. The reason often hinges on one word: attribution. It’s one Continue Reading
Storm Season Has Third-Fastest Start in More Than a Century
Tropical Storm Dolly spun up southeast of Halifax, Nova Scotia, becoming the Atlantic’s fourth named storm of 2020, marking the third-fastest start to a storm season in more than a Continue Reading