
US Offshore Wind Falters as China Tightens Grip on Global Market
China is set to dominate global offshore wind capacity by 2030 as US projects stall amid policy reversals and rising costs.

China is set to dominate global offshore wind capacity by 2030 as US projects stall amid policy reversals and rising costs.

Major fuel subsidies primarily originate from countries like China, the US, and Russia, impacting global energy affordability while posing environmental concerns.

China imports sixth Arctic LNG 2 cargo despite sanctions, adding supply pressure to global markets as LNG prices continue easing.

Asean-China trade reached US$772.2bil in 2024, with leaders pledging deeper cooperation through FTA, inclusivity, and regional resilience.

Trump and Xi signal progress on TikTok deal, but ownership of algorithm and national security issues leave major hurdles unresolved.

Malaysia and China enhance trade via a cargo partnership linking Kuala Lumpur and Zhengzhou airports, boosting regional logistics and exports.

Chery Automobile targets HK$9.1b Hong Kong IPO to fund R&D, overseas growth, and factory upgrades amid surging Chinese listings.

China's economy showed steady growth in August, with industrial output and retail sales increasing, despite external uncertainties and slower growth compared to July.

China's steel exports may reach record levels in 2024, growing 4% to 9% despite rising global trade barriers and tariffs.

China is ready to assist Malaysia in rare earths processing, emphasizing cooperation with government-linked companies, as discussions progress.

Chinese companies are investing in Indonesia to avoid US tariffs, driving demand for industrial land amid rising real estate prices.

A Chinese jet intercepted a Philippine patrol aircraft over Scarborough Shoal, escalating tensions amid ongoing territorial disputes in the South China Sea.

Malaysia welcomed 1.8 million Chinese tourists in 2024, spurred by a visa waiver and promotional efforts for Muslim visitors.

China's robot exports surged to US$1.13 billion in 2024, driven by Southeast Asia demand as manufacturing shifts and costs rise.

China and ASEAN finalized their upgraded free trade agreement for approval in October, enhancing regional cooperation.

The Philippines and Japan's unified military strategy aims to counter China's maritime expansion by enhancing regional security cooperation among allies.