Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil, according …
Tagged By business
China is back, bringing profit and perplexity for western business
Xi Jinping’s China is bouncing back and making overtures to western business. While breathing new life into multinationals’ top lines, it is also bringing a fresh quandary: whether to invest in the …
China’s Latest Big Coal Haul Includes Record Russian Purchases
China’s massive coal imports last month included record purchases from Russia and Mongolia and a significant increase in cargoes from Australia, according to the latest Chinese customs data.
China’s soybean imports from US jump in March
China’s soybean imports from the United States rose 43% in March, data showed on Friday, as delays in harvesting in top supplier Brazil prompted buyers to seek more U.S. beans. The world’s top buyer …
Janet Yellen teases move to limit US business in China
White House correspondent Peter Doocy has the latest on the Biden administration’s response to the threat of China on ‘Special Report.’ …
Business Highlights: GOP deficit plan, China trade
Job losses, poorer kids WASHINGTON (AP) — The White House has gone through House Speaker Kevin McCarthy’s plan to trim the deficit and its conclusion is that “the math is simple, but unforgiving.” It …
Baidu, AutoX Expand Uncrewed Robotaxi Operations In China – Will The World Catch Up?
Chinese companies have been expanding their operation of robotaxis with no employee aboard Baidu Apollo (sometimes called the Google of China) has expanded in Whuhan, Chongqing and Beijing and AutoX …
Yellen says China acts illegally and tries to dominate rivals in speech on economic ties
According to the Peterson Institute for International Economics, tariffs of 19% apply on roughly two-thirds of China’s exports. Chinese tariffs of 21% apply on 58% of U.S. exports. A spokesperson for …
U.S. to focus on national security, not trade, in relations with China
The United States will prioritize the protection of national security in its economic relationship with China, Treasury Secretary Janet L. Yellen plans to say this morning.
Secretary Yellen says national security may come at a cost in US-China relationship
The United States will safeguard its national security, even if it comes at an economic cost to its relationship with China, US Treasury Secretary Janet Yellen said on Thursday.
Biden mulling new restrictions on US tech business in China
President Joe Biden is reportedly preparing a new executive order limiting U.S. technology companies’ ability to do business in China, with plans to unroll the restrictions ahead of next month’s G-7 …
U.S. Treasury Secretary calls for positive economic ties with China
U.S. Treasury Secretary Janet Yellen recently stressed the significance of maintaining a constructive and fair economic relationship between the United States and China. Speaking at Johns Hopkins …
China experts warns US defense inaction will have a ‘catastrophic outcome’
If the U.S. was to lose a sort of Cold War to China, it would become a “catastrophic” national security matter, Atlas Organization’s Jonathan D.T. Ward says.
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