Keywords: Expansion


China clean energy capacity surpasses fossil fuels for first time

China’s installed clean energy capacity has exceeded fossil fuels for the first time, marking a significant milestone in the country’s energy transition. New data from Global Energy Monitor show that as of February 2026, 52 percent of China’s operating power capacity comes from non......

Musk says Tesla will lead global autonomous vehicle market

Tesla chief executive Elon Musk said Sunday that he expects the company to command the largest fleet of autonomous vehicles “as far as I can imagine into the future,” as the electric carmaker expands its early stage robotaxi service across the United States. Musk made the remarks on X, the......

Rabobank warns ECB euro liquidity plan could widen trade deficits

Rabobank has raised concerns over the European Central Bank’s decision to expand its euro repo facility to central banks worldwide, warning that the move could require larger European trade deficits and a stronger euro, outcomes that may prove politically sensitive across member states. In its......

Wistron president dismisses AI bubble fears amid US factory ramp-up

The chairman of Taiwanese electronics manufacturer Wistron has rejected claims that artificial intelligence is a speculative bubble, arguing instead that the technology is ushering in a lasting industrial shift. Speaking in Taipei, Simon Lin said demand linked to artificial intelligence is expected to......

Chinese solar stocks surge after Musk team's visits to Jinko Solar

Shares in Chinese solar companies soared after reports emerged of a team representing Elon Musk visiting major players, including sector leader Jinko Solar. State-backed Chinese media, including 21st Century Business Herald and Sina Finance, detailed the trips on Tuesday. They came days after Musk outlined......

Industry: Ocp maintenance solutions opens a subsidiary in Saudi Arabia

Ocp Maintenance Solutions, a subsidiary of the Ocp Group specializing in industrial maintenance solutions, has announced the opening of its first subsidiary in Saudi Arabia, based in Riyadh, marking a significant milestone in its international growth strategy. The new entity, operating under the name......

China's solar capacity to surpass coal for first time in 2026

Elon Musk has sounded the alarm on China's explosive energy expansion, predicting the country's electricity generation will triple that of the United States within two years, driven by unprecedented solar development. "China's electricity production continues to grow at a staggering......

Russia and China criticize NATO's emerging Greenland framework

President Donald Trump this week dropped threats of forceful acquisition of Greenland, prompting sharply contrasting responses from Russia and China to a new NATO Arctic framework. Moscow displayed a mix of glee and strategic concern, while Beijing dismissed claims portraying it as a threat to the Danish......

China-led digital currency network hits $55 billion in transactions

The China-led mBridge digital currency platform has processed over $55 billion in cross-border transactions, according to a fresh Atlantic Council report. This marks a 2,500-fold increase in volume since the project's 2022 launch, highlighting surging momentum for alternatives to dollar-dependent......