Bloomberg The country that’s driven global oil demand since the turn of the century may hit the brakes sooner than expected as travellers shift towards electric cars or even forgo the open road in favor of trains. China’s oil consumption will peak in 2025, five to eight years earlier than market consensus, according to Morgan Stanley analysts including Andy Meng. ...

Bloomberg Chinese researchers are watching the UK’s impending exit from the European Union (EU) to see what kind of arrangements are put into place to allow regions with separate economic and regulatory policies to have an integrated financial market. The future of the UK as a European financial services hub after Brexit is of interest as China seeks to develop ...

Bloomberg Hong Kong faces the likelihood of rising borrowing costs after the city’s de facto central bank intervened to defend its currency peg for the first time since August. The Hong Kong Monetary Authority bought HK$1.51 billion ($192 million) of local dollars during London and New York trading hours after the currency fell to the weak end of its trading ...