M arkets in Europe look set to open slightly lower as we start a new week after US markets closed mixed on Friday, and the latest July trade data for China pointed to weak domestic…
Monthly Archives For August 2022
Oil bounces as China, U.S. data ease recession concerns
Oil prices edged up from multi-month lows on Monday as investors’ appetite improved following data on U.S. jobs and Chinese exports that eased recession concerns. Brent crude futures had risen 22 …
Overseas investors find sweet spots in China’s green transition
From announcing “dual carbon “goals to advancing its national carbon market, China’s concrete efforts toward green development help energize related sectors, including the low-carbon transformation of …
Baidu bags China’s first fully driverless robotaxi licenses
China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.
China exports to Russia grow for the first time in 5 months in July
Chinese exports to Russia snapped four months of declines and grew robustly in July, while Russian shipments to China also held up well, official Customs data showed. Shipments to sanctions-hit Russia …
Iron ore climbs on China’s higher imports in July
Dalian and Singapore iron ore futures rose on Monday after data showed a modest rebound in Chinese imports of the steelmaking ingredient in July driven by improved profitability at mills. Aug 8 …
One year after Afghanistan, spy agencies pivot toward China
In a recent closed-door meeting with leaders of the agency’s counterterrorism center, the CIA’s No. 2 official made clear that fighting al-Qaida and other extremist groups would remain a priority — …
In first visit to China, South Korean foreign minister seeks to reassure Beijing over U.S. ties
South Korea foreign minister Park Jin is set for his first visit to China on Monday as President Yoon Suk-yeol’s government seeks to reassure Beijing about their relationship despite stronger ties …
Taiwan crisis: China defends calling off US military talks as exercises set to resume
Anti-submarine attacks and sea raids set to begin on Monday, as Beijing accuses US of provoking its cancellation of military talks …
China’s Oil Giant Sinopec Eyes Business In Sri Lankan Gas & Energy Market Amid Crisis
China’s Sinopec is looking at retail business opportunities in Sri Lankan fuel market as the South Asian island continues to suffer a stifling economic meltdown …
China’s Hainan expands COVID lockdowns to more areas to quell outbreak
China’s Hainan, an island province dependent on tourism, locked down more areas on Monday, Reuters calculations based on state media reports show, as it battles its worst COVID-19 outbreak after …
China’s Imports, Exports Soar 16.6% in July as RCEP Boosts Trade
China’s trade volume was CNY3.8 trillion (USD562 billion) last month, data from the General Administration of Customs of China showed yesterday. Imports rose 7.4 percent to CNY1.6 trillion, and …
Baidu’s robotaxis don’t need any human staff in these parts of China
Baidu announced Monday it became the first robotaxi operator in China to obtain permits for selling rides with no human staff inside the cars.
