A new physical bunker supplier in southern China has completed its first stem, the company has said. CNOOC (ShenZhen) Marine Supplies supplied 1,730 metric tonnes (mt) of low sulfur fuel oil to the YM …
Monthly Archives For July 2022
Authorities in China violently clamp down on bank customers protesting & demanding deposits back
More than 1,000 customers of Chinese banks were violently dispersed after they gathered in front of the People’s Bank of China building in the city of Zhengzhou, the provincial capital of Henan, as …
Only G20 Can Lead World Out of Current Crisis, China’s Ex-Vice Finance Minister Says
G20 Summit in Pittsburg, it was declared that the group, whose members account for about 90 percent of world production, would be a major platform for global economic governance, Zhu Guangyao told the …
China Covid Resurgence Hampers Luxury Consumption Growth
Barclays expects sales at Hermès to rise 9 percent, Kering to rise 8 percent, LVMH Moët Hennessy Louis Vuitton to rise 4 percent, and Richemont Group to grow by 3 percent for the second half…
China Q2 GDP Growth Seen Dipping to 1% on COVID Hit, 2022 Growth at 4% – Reuters Poll
The expected growth would be the weakest since a steep 6.9% slump in the first quarter of 2020, when an outbreak of COVID-19 in the central city of Wuhan, first detected in late 2019, turned…
For China’s Anxious Middle Class, Saving Is the New Spending
Months of lockdowns have left many consumers feeling financially insecure — and trying to drastically cut their household budgets. The trend may be difficult to reverse.
U.S. Says It Won’t Be Deterred in South China Sea After Beijing’s Protests
A Chinese warship followed American guided-missile destroyer USS Benfold as it sailed through the disputed Paracel Islands on Wednesday.
Beijing ‘drove’ away US destroyer that sailed through South China Sea
According to a statement from the Chinese Army, its Southern Theater of Operations dispatched “naval and air forces to track, warn and drive away” the United States destroyer that, according to …
China Warns U.S. Military Aircraft To Stay Away, Radio Intercept Reveals
The U.S. sees a Western-leaning Taipei as vital to its own national security and has remained Taiwan ‘s strongest international backer for decades. However, as China’s hard power has grown under the …
US destroyer sails past Chinese-held South China Sea islands
The U.S. Navy on Wednesday sailed a destroyer close to China -controlled islands in the South China Sea in what Washington said was a patrol aimed at asserting freedom of navigation through the …
China fumes over U.S. Navy destroyer’s patrol in disputed South China Sea
Beijing says it sent sent forces to drive away a U.S. warship that violated “China’s sovereignty and security” and undermined “peace and stability.” …
China’s Exports Picked Up in June as Logistics Problems Eased
Overseas orders to the U.S. and Southeast Asia grew as ports reopened, but economists say such a rebound may not last.
China’s Imports, Exports Jumped 9.4% in First Half as Foreign Trade Bounces Back After Covid
The value of China’s imports and exports surged 9.4 percent in the first six months from the same period last year as foreign trade got back on track in May and June after a resurgence…
