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Real-time News
On September 11th, Beijing time, it was reported that the Saudi East-West oil pipeline was suspected of being attacked by the Houthi rebels in Yemen. NASAs FIRMS system detected abnormal thermal anomalies along the pipeline, and the Sentinel-3 satellite captured images of a black plume of smoke spanning 80 to 100 kilometers. Saudi Arabia has not yet issued an official response, and the market is generally taking a wait-and-see approach. The Saudi East-West oil pipeline is an alternative route when the Strait of Hormuz is blocked, allowing Saudi crude oil from the east to bypass the Persian Gulf export port and instead travel via a land pipeline to Yanbu for loading. However, if the pipeline is attacked, Saudi Arabias oil transshipment capacity will be impacted, and Yanbus oil export capacity will be weakened. In addition to the potential threat of a pipeline attack, the recent military advances by the Houthi rebels along the Red Sea coast may again put pressure on Yanbu and related Red Sea energy transport routes. Previously, due to the Houthi rebels intensified attacks near the Bab el-Mandeb Strait, Yanbus crude oil exports had already declined between late July and August. If the Houthi rebels further control key ports, islands, and coastal outposts along the Red Sea coast, Saudi Arabias alternative energy transport routes that bypass the Strait of Hormuz via Red Sea exports will face higher security risks.On September 11, Foreign Ministry Spokesperson Mao Ning stated at a regular press conference that China has lodged a strong protest with Italy and the European Union regarding the attendance of "Taiwan independence" politicians at relevant meetings in Italy. The DPP authorities and certain politicians are racking their brains to gain attention everywhere, using the guise of "democracy" and "freedom" to "seek independence through foreign connections." Such behavior is despicable and ultimately futile. Mao Ning said that there is only one China in the world, and Taiwan is an inseparable part of Chinas territory. China has consistently and firmly opposed any form of official exchanges between countries that have diplomatic relations with China and Taiwan. The one-China principle is a universally recognized norm of international relations and a general consensus of the international community, as well as the political foundation of China-Italy relations and China-EU relations. We urge relevant parties to uphold the one-China principle with concrete actions.Swedens chief information defense official said Russia poses a threat to elections in Europes largest democracy and called on social media platforms to step up their efforts to combat Moscows botnets.September 11 – On September 11, Foreign Ministry Spokesperson Mao Ning held a regular press conference. A reporter asked about Chinas announcement of raising visa fees for Japanese citizens traveling to China, and what the Foreign Ministrys comment was on this. Mao Ning stated that the Chinese Embassy in Japan had already issued a notice, and this adjustment was made based on the principle of reciprocity.On September 11th, according to the latest data from QUICK FactSet, a global economic research and analysis platform, Changxin Memorys EBIT margin reached 82% in the second quarter of 2026, surpassing SK Hynix (76%) and Samsung Electronics semiconductor business (70%) to become the worlds most profitable memory chip manufacturer. During the same period, Changxin Memorys revenue increased approximately tenfold year-on-year, the highest growth rate among six companies: Changxin Memory, Samsung, SK Hynix, Micron, Kioxia, and SanDisk. Analysts believe that Changxin Memorys increased profit margin is closely related to the current changes in memory chip supply and demand. As Samsung, SK Hynix, and Micron invest more resources in high-bandwidth memory for AI servers, the supply of ordinary DRAM has tightened, leading to a significant increase in DDR5 prices, from which Changxin Memory has benefited.
