More recent developments
Peking predicting petroleum peak
State-owned oil giant Sinopec expects China's petroleum consumption to peak by 2027. That's three years ahead of the peak emissions deadline set by Xi Jinping. Sinopec published the forecast on Thursday as part of its annual outlook report, indicating consumption… Read More »
China and India agree to ease border tensions
On Wednesday, top diplomat Wang Yi met with Indian National Security Advisor Ajit Doval in Beijing for the 23rd round of Sino-Indian border talks. Some context: Sino-Indian relations have been in a bad way since June 2020, when bloody clashes erupted over… Read More »
Xi Jinping wants Macau to bet on diversification
Xi Jinping wants Macau to become less dependent on gambling. In remarks at an event to celebrate the 25th anniversary of Macau coming back under Mainland control, Xi said Macau should (Gov.cn): "Focus on promoting appropriate economic diversification" ICYDK: Macau… Read More »