VW workers walk off job in Germany
Volkswagen workers march behind a banner that translates to “Ready to Strike!” in Zwickau, Germany on Monday, during the first day of nationwide industrial action. HENDRIK SCHMIDT/DPA VIA AP Workers…
China to maintain supportive monetary policy in 2025: PBOC governor
BEIJING, Dec. 2 (Xinhua) — China’s central bank will maintain a supportive monetary policy stance and policy orientation in 2025, its governor said on Monday. The People’s Bank of China…
Sanofi to invest 1b euros in insulin production base in Beijing
The Sanofi booth at the 7th CIIE in Shanghai, on Nov 7, 2024. BEIJING — French pharma giant Sanofi will invest some 1 billion euros ($1.05 billion) to establish a…
In pics: China’s first commercial spacecraft launch site in Hainan
Workers perform construction tasks for the No. 1 launch pad of the Hainan commercial spacecraft launch site in Wenchang, south China’s Hainan Province, Sept. 17, 2022. (Xinhua/Pu Xiaoxu) The commercial…
CNOOC Jinzhou 23-2 oilfield project commences production
CNOOC Limited announced on Tuesday that its Jinzhou 23-2 oilfield development project has commenced production. Located in the northern part of the Bohai Sea, with an average water depth of…
Boom expected in Sino-Thai exchanges
Tourists from China dressed in traditional Thai costumes pose as they visit Wat Arun, known as the Temple of Dawn, in Bangkok, Thailand, Nov 21, 2024. Cultural communication and people-to-people…
Aramco to expand liquids-to-chemicals business in nation
Chinese and Saudi workers at a factory in Yanbu, Saudi Arabia, in 2018. WANG BO/XINHUA Driven by rising petrochemical consumption in Asia’s emerging economies, especially China, Saudi Arabian Oil Company,…
US Fed plans to gradually lower rates going forward: minutes
WASHINGTON — US Federal Reserve officials expressed confidence that inflation is easing, and are expected to gradually lower interest rates going forward, according to minutes from the Nov 6-7 meeting…
Global energy giants ramp up China presence
A view of Dow’s booth during the seventh CIIE in Shanghai on Nov 5. CHINA DAILY The rapid growth in China’s petrochemicals output, part of the nation’s drive for self-sufficiency…
5 killed, 2 injured in Israeli airstrike on Lebanese village
BEIRUT – An Israeli airstrike on Monday night struck a house in the village of Haris in southern Lebanon, killing five people and wounding two others, said the Lebanese Health…