China has authorized refiners to export 2.7 million metric tons of gasoline, diesel, and jet fuel in August as ample domestic inventories ease supply concerns.
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China’s Fuel Exports Surge as Beijing Eases Restrictions, Pressuring Asian Refiners
Chinese refiners exported close to 3 million metric tons of gasoline, diesel, and jet fuel in July after Beijing lifted restrictions imposed during the Iran war.
Five Guys brings burgers to Beijing
US burger chain Five Guys opens its first two Beijing restaurants on Aug 3, marking the latest step in its expansion across China after entering the Shanghai market.[Photo provide
Brussels vs Beijing: The new trade battle begins in Morocco and Turkey
Beijing’s investment drive in Morocco and Turkey is opening new routes into the EU market, forcing Brussels to prepare its response. But its trade defence toolbox is increasingly struggling to keep pace.
China eases controls on fuel exports for a second month, sources say
SINGAPORE, Aug 5 (Reuters) – China has eased limits on refined fuel exports for a second month in August, giving refiners temporary approval to ship 2.7 million metric tons to destinations excluding …
GM, SAIC extend China JV to 2047 to shift focus to local market and exports
China joint venture to 2047, shifting vehicle development to China and boosting Buick/Cadillac sales and exports—read more.
The New Rules for Independent Brands Selling in China
China’s fashion market remains fertile ground for independent brands looking to expand overseas. But as the market has grown and globalized, with more Western brands moving in to stake a claim and …
China launches global tax hunt going back decades
China has launched a global hunt for hundreds of billions of dollars in unpaid taxes going back decades as Beijing seeks to fill a deepening fiscal hole by targeting the ultra rich.
Shenzhen’s journey from exports to expertise
This transfer of Shenzhen’s industrial knowledge and technological innovation has been going on for a long time. When a BYD battery pack crosses the border, it carries decades of electrochemical …
In Tibet, some embrace their native language even under China’s sweeping new ‘ethnic unity’ law
A 73-year-old retired nurse spoke her native Tibetan all her life but never learned to write it — until now. Her decision offers a glimpse into how some embrace their language and cultural identity in…
China’s super-rich ‘in shock’ and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing’s move to tax offshore trusts, long used by China’s ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
More than half of some US weapons stockpiles used in Iran war, raising concerns about China threat
CSIS warns depleted U.S. weapons stockpiles from the Iran war could embolden China as President Xi watches munitions levels amid Taiwan tensions.
US weighs polysilicon price floor, tariffs to counter China in solar and chips
Aug 4 (Reuters) – The Trump administration is preparing to set a price floor and impose tariffs on polysilicon and related products, according to four people familiar with the plan, putting a material …
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