Economy · September 2026

In China, solar power has overtaken coal as the largest source of installed power capacity for the first time, according to reports on September 1, 2026. The milestone reflects the country's rapid expansion of photovoltaic installations, which have now surpassed coal capacity. While this marks a significant step in the energy transition, coal still dominates actual electricity generation. The shift comes amid China's broader efforts to balance industrial growth with environmental goals. Jollibee is considering Hong Kong as a listing venue for its overseas arm. CSET acquires the Stiefel brand and intellectual property. Singapore's food agency steps up checks on cabbage from China after reports of formaldehyde use. A U.S. oil deal reportedly pushes China and Russia out of Venezuelan fields.