There is a rather simple narrative gaining currency in the crude oil market that China’s re-opening from COVID-19 is bullish for prices.
Monthly Archives For January 2023
Satellite images capture crowding at China’s crematoriums and funeral homes as COVID-19 surge continues
Satellite images taken over a number of Chinese cities have captured crowding at crematoriums and funeral homes, as the country continues its battle with an unprecedented wave of COVID-19 infections …
China cuts deal with Taliban to extract oil in Afghanistan
The Taliban has agreed to a 25-year deal with a Chinese energy company to extract oil from Afghanistan’s Amu Darya basin, the first major deal of its kind by the group.
Protesting Tesla China Buyers Vow More Pressure Over Price Cuts They Missed
Similar protests by Tesla owners have sprung up in cities including Henan, Wuxi and Hangzhou in recent days, according to owners and social media posts. Tesla has faced online backlash over previous price cuts in…
China’s soybean imports have peaked and will keep falling as Beijing stresses food security, report says
Beijing’s increased emphasis on food security means that the shift by the world’s largest soybean importer will ‘reshape global trade flows’, according to new findings by Rabobank.
China irked by Turkey’s public criticism of Beijing over mistreatment of Uyghurs
After Turkey publicly criticized China for the first time over Beijing treatment of its Uyghur minority it is irked over Ankara support for Uyghurs writes …
Beijing blocks listings of ‘red light’ companies to steer funding to strategic sectors
Securities regulator identifies some industries as off-limits to equity financing on Shanghai and Shenzhen exchanges …
China Dec new bank loans rise to $206b, ’22 lending at record high
New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record high for lending as the central bank …
WHO Europe: no immediate COVID-19 threat from China
A World Health Organization official says the agency sees “no immediate threat” for Europe from a COVID-19 outbreak in China, but more information is needed.
Top diplomats of Russia, China denounce US policy of sparking Moscow-Beijing conflict
Also, Sergey Lavrov and Qin Gang praised the successful implementation of plans to merge the Eurasian Economic Union and the One Belt – One Way initiative
Satellite images capture crowding at China’s crematoriums and funeral homes as Covid surge continues
Satellite images taken over a number of Chinese cities have captured crowding at crematoriums and funeral homes, as the country continues its battle with an unprecedented wave of Covid-19 infections following its dismantling of severe…
China to export 224 buses to Mongolia
China will export 224 buses to Mongolia that will help improve the country’s public transport system. Eighteen buses have recently been exported to Mongolia’s Ulan Bator via the Erenhot Port in north …
This year’s blockbuster IPO is between a rock and a hard place: listing in New York or London won’t change Arm’s fortunes in brutal downturn
The SoftBank-owned chip designer is set to return to public markets this year, but listing in New York or London won’t change the difficulties ahead.