Oil prices eased in Asian morning trade on Wednesday as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output cuts…
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US Moves To Loosen China’s Grip on Rare Earth Minerals
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Oil prices slip as bearish China data fuels demand concerns
China’s Beijing Reports 33 Deaths From Flooding, 18 Still Missing – State Media
BEIJING (Reuters) – There have been 33 deaths from heavy floods in China’s capital of Beijing as of Aug. 8, with 18 still missing, Beijing Daily reported on Wednesday. The disaster has stricken nearly …
Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
US sailor’s mom encouraged him to pass info to China, prosecutors say
The 22-year-old sailor was one of two sailors arrested last week in California and accused of providing military information to China.
China slips into deflation as post-Covid recovery falters
China slipped into deflation as consumer prices contracted last month for the first time in more than two years, official data showed Wednesday, as slowing domestic spending weighs on the country’s …
Instant view: China’s consumer prices fall in July as deflation risks build
China’s consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the …
China reports smaller-than-expected drop in consumer prices
China reported a 0.3% drop in consumer prices in July from a year ago, and a 4.4% year-on-year drop in producer prices in July, according to the National Bureau of Statistics Wednesday. Second-quarter …
China’s consumer prices swing into decline as deflation risks build
China’s consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the …
Mother of US navy sailor accused of spying urged him to work with China, court hears
Jinchao Wei’s mother told her son providing information could help him get a job with Chinese government, prosecution says …
Despite Faltering Economy, China Unlikely to Disrupt Aid to North Korea
China’s economic aid to Pyongyang is driven by self-interest as it competes with Washington’s deepening bonds with Seoul and Tokyo …
US Navy sailor’s mom encouraged him to pass military details to China, prosecutor says
A federal prosecutor has told a judge that the mother of a U.S. Navy sailor charged with providing sensitive military information to China encouraged him to cooperate with a Chinese intelligence …
China’s Property Ills Worsen as Former Biggest Builder Wobbles
Country Garden Holdings Co.’s stock and bonds plunged, with short-sellers swarming over China’s sixth-largest developer by sales, as scrutiny intensified over its operations and ability to meet debt payments.
China exports plummet to lowest point since start of COVID pandemic as US firms turn away from rival amid tensions
Exports fell to $281.8 billion as the decline accelerated from June’s 12.4% fall, the latest customs data showed.
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