China Faces Global Backlash Over Latest Vessel Collision With Philippines in South China SeaMalaysian Prime Minister Anwar Ibrahim has pushed back against Beijing, saying his country will continue its oil and gas exploration projects in the South China Sea. His remarks followed a leaked diplomatic note issued by the Chinese Foreign Ministry to the

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China’s Steel Industry Faces Harsh Reality as Overcapacity Compounds Other IssuesChina’s steel industry is facing a reckoning amid overcapacity, reduced domestic demand, and global resistance to Chinese dumping. Insiders say the sector needs to remove 20 to 30 percent of its current capacity. Powered by the property market, which accounts

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