Tesla Scores Landmark Deal For Chinese Factory
Tesla has secured a loan of $1.29 billion from a group of four Chinese lenders that it will use for its car factory in Shanghai, Reuters reports , citing a Continue Reading
Global Superpowers Vie For Power In World’s Most Important Oil Chokepoint
Iran, Russia, and China will begin on Saturday joint navy drills in the northern Indian Ocean, an Iranian military spokesman said on Wednesday, amid simmering tensions in the Middle East Continue Reading
Australian wildfires threaten Sydney water supplies
Australian authorities said on Friday they are focused on protecting water plants, pumping stations, pipes and other infrastructure from intense bushfires surrounding Sydney, the country’s largest city. Firefighters battling the Continue Reading
China’s Biggest Move In Oil Markets To Date
China is making an aggressive entrance into the world of energy exchanges, but will it help the markets like some analysts suggest, or will it spell doom for oil prices? Continue Reading
Has Tesla Finally Conquered China?
While new vehicle sales — including new energy/electric vehicles — continued to see a downward slide in November, Tesla broke that cycle with a 14-fold gain in new-vehicle registrations. Model Continue Reading
Tesla set to begin deliveries of China-made Model 3 cars on Dec. 30
U.S. electric vehicle maker Tesla Inc will begin delivering Model 3 vehicles built at its Shanghai factory on Monday, a company representative told Reuters. Construction of its first plant outside Continue Reading
Corporate defaults in China surge in 2019 to record high $18.6bn
Corporate defaults in China surged to a record high in 2019, raising new questions over how policymakers in Beijing will manage mounting financial distress among large private and state-owned companies. Onshore Continue Reading
China data: Nov crude imports from top 5 suppliers hit record highs
China’s top five suppliers — Saudi Arabia, Russia, Iraq, Brazil and Oman — each delivered record high volumes of crude to China in November, propelling the crude import volume of Continue Reading
Japan Shrinks by 500,000 People as Births Fall to Lowest Number Since 1874
Charly Triballeau/Agence France-Presse — Getty Images Japan has 512,000 fewer people this year than last, according to an estimate released on Tuesday by the country’s welfare ministry. That’s a drop Continue Reading
China says strongly opposes U.S. 2020 defense draft against Chinese firms
China strongly opposes the 2020 U.S. defense draft against Chinese firms and urges Washington to go past its political bias to create favorable conditions for Chinese companies, China’s commerce ministry Continue Reading