China’s LNG imports fell by 16 million tonnes (-20%) in 2022 compared with 2021, according to data from the General Administration of Customs.
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To compete with China, Europe has to question the orthodoxy of globalization
The rose-tinted view of globalization holds that free trade maximizes profits, efficiency, and economic growth by leveraging the power of comparative advantage. In this idealized trade system, …
China Caixin manufacturing purchasing managers index falls to neutral level
The China Caixin manufacturing purchasing managers index fell to 50.0 in March from 51.6 in February, according to data released Monday by Caixin Media Co. and S&P Global.
Customs clearance time to China increased
The local congestion waiting for customs clearance at border gates in Lang Son Province has become increasingly serious since the beginning of this March. Container trucks waiting for customs …
China’s LNG imports to show small rebound in 2023: Kemp
China’s liquefied natural gas (LNG) imports fell sharply in 2022 because of the disruption caused by lockdowns to control the coronavirus epidemic and the massive exit wave of infections when they …
More to come from closer China-Brazil ties
Relations between Brazil and China are expected to move to a higher footing, as the two countries prepare to celebrate the 50th anniversary of diplomatic ties next year, according to Alessandro …
More cargo transported between China, SE Asia
Its cargo will be shipped to Southeast Asian countries under a sea-rail combined transportation mode. [HU XIAOFEI/FOR CHINA DAILY] Nearly 200,000 containers were transported on freight trains on a …
China’s March factory activity falters as post-COVID bounce fades
China’s sprawling manufacturing sector, accounting for a third of the world’s second-largest economy by value, lost momentum in March as weak export orders outweighed a jump in activity driven by a …
Macron and von der Leyen in China This WEEK
However, China could still choose another path. As Beijing cajoles Europe back to “business as usual”, even lifting mutual sanctions, European governments shouldn’t waver in their recent resolve to …
China-Born Crypto Mogul Justin Sun Tries to Allay Doubts as Huobi-Linked Bet Frays
The enigmatic crypto entrepreneur Justin Sun tried to clarify the hazy outlook for Huobi Global, a major digital-asset exchange, as the platform’s native token struggles despite a wider rally in …
Green light for three sci-tech innovation IPOs
BEIJING: China’s securities regulator has approved the initial public offering (IPO) applications of three companies on the science and technology innovation board.
Automakers drive China’s export recovery
In the same period, China’s total exports added up to 3.5 trillion yuan, up 0.9 percent year-on-year. In other words, auto exports accounted for 2.8 percent of the country’s total exports. The China …
How mobile phones in China have gone from status symbol to disruptive technology
This week marks 50 years since Motorola engineer Martin Cooper made the first mobile phone call China was late to embrace the technology, but is now the largest mobile phone market in the world April…