China’s travel and tourism sector is set for strong growth, with World Travel & Tourism Council (WTTC) data projecting a 5.3% expansion in 2026 and 6.5% annual growth over the next decade, reaching $3.5 trillion by 2036.
Global steel excess capacity continues to grow, driven by increasing subsidies in some major non-OECD steel-producing economies, while efforts to restore fair competition are increasingly undermined by circumvention of trade measures aimed at levelling the playing field, according to a new OECD report.
Chapman Freeborn, part of Avia Solutions Group, completed a time-critical charter moving 90 tonnes of oilfield equipment from China to Saudi Arabia, including pumps and oversized parts up to 8 metres, using a Boeing 747 freighter.
China's factory activity stalled in May, signalling continued pressure on the sector from weak domestic demand and rising production costs, an official survey showed on Sunday.
Two liquefied natural gas tankers passed through the Strait of Hormuz on Monday ( May 25) heading to route to Pakistan and China, while a supertanker carrying Iraqi crude for China departed the Gulf on Saturday after being stranded for nearly three months, according to shipping data cited by Reuters.
China’s installed power-generation capacity rose 14.2 per cent year-on-year to 3.99 billion kW by April-end, led by strong renewable growth, with solar capacity jumping 26.2 per cent to 1.25 billion kW and wind power increasing 22 per cent to 660 million kW.
Global sales of electric cars weakened during the first quarter with the top markets of China and US leading the sales decline. In 43 key markets analysed by the consulting firm PwC, the number of electric cars sold was 1% lower than in the same period in 2025, at just under 2.7 million.
Ultra Gobi, one of China’s most established outdoor endurance race series, will stage its first international edition in January 2027 with Ultra Gobi AlUla in Saudi Arabia’s AlUla region.
US President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed during their talks in Beijing that Tehran must reopen the Strait of Hormuz.
Clean hydrogen will grow 100-fold by 2060, driven by energy security and China’s scale. Investments will reach $3.2 trillion, with strongest demand from steel, aviation and maritime despite policy and electrification challenges, according to DNV forecasts.
