China · Business
Same event, multiple sources, transparently cited.
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Gas Explosion at Shanxi Coal Mine Kills at Least 82 Workers
A gas explosion at Liushenyu coal mine in Shanxi, China, on May 22 killed at least 82 people and injured 128.
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US-China trade tensions and AI rivalry dominate 2026 APEC Trade Ministers Meeting in Suzhou
Trade ministers met in Suzhou May 22 to discuss Asian-Pacific trade issues amid US-China tensions and AI competition.
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Gas explosion at Shanxi Liushenyu coal mine kills 82, leaves 2 missing
A gas explosion at Liushenyu coal mine in Shanxi province killed 82 and left two missing as rescue efforts continue.
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Sony’s PlayStation Store dynamic pricing may breach EU consumer laws
Sony ran a dynamic pricing test on PlayStation Store showing different game prices to users, raising legal concerns in the EU.
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Gas Explosion at Shanxi Coal Mine Kills at Least 82 Workers
A gas explosion at Liushenyu coal mine in Shanxi province on May 22 killed at least 82 people with two missing.
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Chinese firms warn Indonesia nickel policies threaten investment amid quota cuts and tax hikes
Chinese companies urged Indonesian President Prabowo Subianto to ease nickel ore quotas and taxes, citing high costs and regulatory barriers that risk cutting investment.
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Netherlands opposes US plan to further restrict ASML sales and services to China
The Netherlands government formally objected to a US proposal to ban ASML’s sales of certain lithography machines and services in China.
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Morgan Stanley forecasts improved profit outlook for Chinese firms in Q2 2026
Morgan Stanley projects better profits for Chinese companies in Q2 2026 driven by strong Q1 results and rising exports.
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China launches two-year crackdown on illegal cross-border securities trading
China announced a two-year campaign targeting unauthorized offshore investment services and brokerages including Tiger, Futu, and Longbridge.
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Philippine central bank weighs off-cycle rate hike amid persistent inflation pressures
The Philippine central bank is considering an off-cycle interest rate hike before its June 18 policy meeting due to ongoing inflation concerns.
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Taiwan Probes Three for Smuggling Nvidia AI Chips to China Violating US Rules
Taiwan prosecutors arrested three suspects for forging documents to export Nvidia AI servers to China, Hong Kong, and Macau in breach of US export controls.
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Global survey shows record low worker confidence amid rising AI job loss fears
Mercer's 2026 report finds worker confidence at an all-time low with 40% fearing AI will replace jobs worldwide.
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Shein acquires US sustainable fashion brand Everlane for $100 million
Chinese fast-fashion company Shein acquired US sustainable fashion brand Everlane for $100 million, keeping its leadership and brand independence.
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Hong Kong to launch government-owned gold-clearing system by July 2026
Hong Kong plans to launch a government-owned gold-clearing system by July to allow faster trade settlement via unallocated accounts.
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China restricts rare earth exports to Japan amid Taiwan dispute
China has cut off heavy rare earth exports to Japan since December 2025 amid a diplomatic row over Taiwan.
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Chinese EVs capture over 15% of Europe's electric vehicle market in April 2026
Chinese electric vehicle brands reached more than 15% market share in Europe in April 2026, with sales doubling year-on-year.
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Lenovo reports 38% profit growth and strong AI-driven earnings for fiscal 2026
Lenovo posted 38% profit growth and surged AI revenue, driving shares up 17% in Hong Kong on May 22.
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India's power demand hits new record 270.82 GW amid severe May heatwave
India's power producers set a record peak electricity demand of 270.82 GW on May 21 amid intense heat across the country.
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European Central Bank likely to raise interest rates in June amid inflation surge from Iran war
The European Central Bank is expected to raise interest rates in June due to rising inflation fueled by the Iran war and energy price shocks.
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EU proposes temporary exemption from sanctions on Chinese chipmaker Yangjie to ease auto supply chain
The EU plans to temporarily lift sanctions on Chinese chipmaker Yangjie to prevent auto industry supply shortages, pending member approval.
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China halts Meta’s $2 billion acquisition of AI startup Manus; founders seek $1 billion buyback
China’s NDRC rejected Meta’s $2 billion Manus acquisition, prompting founders to plan a $1 billion buyback today.
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Germany Sees Nearly Decade-Low Foreign Investment in 2025, China Tops Source Countries
Germany recorded a sharp drop in foreign investment projects in 2025, with China surpassing the US as top investor source.
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BOJ board member Koeda urges raising interest rates amid inflation concerns
Bank of Japan board member Junko Koeda called for raising rates at an appropriate pace to tackle inflation, speaking May 21 in Fukuoka.
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April 2026 Inflation Rates Drop in UK and Japan, Rise in Eurozone Amid Energy Tensions
UK and Japan reported easing inflation in April 2026, while Eurozone inflation rose; energy subsidies in Japan and UK price caps influenced trends.