China’s crude oil imports fell to their lowest level in a decade as higher prices and weaker refinery demand reduced purchases amid renewed Middle East supply risks.
Featured Posts Title
Beijing Central Axis heritage sites open to public on 2nd anniversary of UNESCO World Heritage inscription
US looks to boost anti-China spending worldwide by hundreds of millions, documents say
What to see at the Shenzhen Natural History Museum, from dinosaur fossils to meteorites
China’s new challenge as natural disasters strike – fake AI videos
Brazil, China strengthen trade ties amid US tariffs
Dr. Anthony Fauci ruled out Wuhan market origin for COVID-19 in private diary entries
Exposed Fauci diary shows he estimated COVID-19 death rate to be much lower than what he told Congress
Recent Posts
China’s crude oil imports crash to decade low as Hormuz crisis bites
China rejects report that a US scientist is being wrongfully detained
Asked about the case of U.S. national Youlin Chen, China’s foreign ministry said there was no “wrongful detention,” but it did not deny the scientist was imprisoned.
How China Is Winning Friends and Influencing People
China is becoming the country that provides the goods and services that are part of people’s daily lives. The omnipresence of Chinese products is expanding the country’s influence in ways Beijing …
China memory chipmaker CXMT aims to raise $8.6 billion in Asia’s biggest IPO of 2026 so far
HONG KONG, July 14 (Reuters) – China’s ChangXin Memory Technologies (CXMT) expects to raise about 57.9 billion yuan ($8.55 billion) before any over-allotment option in its IPO on Shanghai’s …
China exports one million cars per month despite tariffs
China has exported more than one million cars in a single month for the first time, putting further pressure on Europe’s beleaguered automotive industry.
China memory chipmaker CXMT expects to raise 57.9 billion yuan in IPO
BEIJING, July 14 (Reuters) – China’s ChangXin Memory Technologies (CXMT) expects to raise about 57.9 billion yuan ($8.55 billion) before any over-allotment option in its initial public offering on …
How Beijing proposes to solve South China Sea disputes 10 years after Hague ruling
China should keep engaging in good-faith diplomacy and use International Organization for Mediation to help ease tensions, analysts say A decade after a South China Sea ruling, analysts said Beijing …
China Proposes New Crypto AML Framework and Blockchain Evidence Rules
China proposes new crypto AML rules, blockchain evidence standards, and asset recovery measures to combat virtual currency money laundering.
China sets floor on re-discount rates as PBOC fine-tunes monetary policy
China’s PBOC sets a 0.5% floor on re-discount rates for select banks, signaling controlled monetary easing with implications for yuan stability and crypto …
I tried moving back to Boston. It made me realize I wanted to build my life in China.
Returning to the US helped Nick Lappen, an American bartender, confirm that China was where he wanted to be — he says he missed the country’s convenience and kindness.
China urges Europe to stop backing ‘illegal’ South China Sea ruling to avoid harming ties
BEIJING, July 14 (Reuters) – China’s foreign ministry on Tuesday called the European side to be cautious in its words and deeds on the South China Sea and stop endorsing the “illegal ruling” to …
China memory chipmaker CXMT sets July 27 listing for Asia’s biggest IPO of 2026, sources say
HONG KONG, July 14 (Reuters) – China’s ChangXin Memory Technologies (CXMT) is scheduled to list on July 27 on the Shanghai Stock Exchange, two people familiar with the matter said. The country’s top …
China’s June oil imports hit near 10-year low amid Iran war
By Sam Li and Lewis Jackson BEIJING, July 14 (Reuters) – China’s June crude imports slumped 41.3% to their lowest in almost a decade as refinery run rates hit a ten-year low due to weak…