The existential threat to Saudi Arabia and the OPEC cartel comes from China, not from Net Zero or from green deals in the West. Chinese sales of petrol and diesel cars fell 20pc in absolute…
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China And India Ensure Asian Oil Demand Remains Robust
Demand for oil in Asia remained robust in March thanks to strong imports by China and India, which offset weakening demand in some other Asian nations. Asia took in a total 27.6 million barrels of…
China’s services trade expands in first two months
China’s services trade value continued to expand in the first two months of 2023, data from the Ministry of Commerce showed Thursday. The total trade value stood at about 969.6 billion yuan ($141 …
US, Japanese and Dutch semiconductor equipment export values to China dropped; more substantial strategies demanded by expert
Owing to the US-coordinated chip sanctions on China, the US, Japan and the Netherlands have seen a significant drop in the total export value of semiconductor equipment to China.
RPT-COLUMN-China and India keep Asia’s crude oil imports robust in March: Russell
as strong inflows to the top-importing region’s heavyweights China and India offset weaker demand among some others buyers. Total March crude imports were estimated by Refinitiv Oil Research at 116.73 …
South Korean biotech companies seek to diversify from China as US tensions rise
“We’re trying to reduce our reliance on cheaper raw material imports from countries like China and develop more domestic materials to secure supply chain stability as the US-China conflict intensifies …
Airbus widens its lead over Boeing in China with plans for second finishing line there
So far this year it has delivered only one 777 freighter to China Air Cargo, and there were only 12 jets delivered in 2022: eight freighters and four to a leasing company. In 2017, the…
China Manufacturing Tops 2023 Supply Chain Risk Factors
In the report, the risk analytics firm cited that the Chinese authorities still haven’t provided a clear roadmap for exiting the pandemic, noting that “China’s rapidly changing Covid-19 policies …
Mexican president asks China for help in fight against fentanyl
Only after several paragraphs of venting, López Obrador brings up China’s exports of fentanyl precursors, and asked him to help stop shipments of chemicals that Mexican cartels import from China. “I …
The Stakes are High at China’s 133rd Canton Fair
U.S. Census Bureau data showed that China imports to the U.S. dropped 22 percent from January to February. Imports fell more than 31 percent from the same period a year prior, from $42.2 million to…
China denies fueling the fentanyl crisis: ‘The root cause lies in the US itself’
A spokesperson said Beijing was never informed by Mexico of ‘the seizure of scheduled fentanyl precursors from China’ …
Top 12 Crypto Exchanges: Where to Buy, Sell, and Trade Digital Currencies
Founded in China in 2013, Huobi has since expanded to serve customers all over the world. With a wide range of coins available for trade and a user-friendly platform, Huobi has become a popular choice…
China’s insurance firm dives into crypto with this major move
China Pacific Insurance Investment Management (Hong Kong) Co., Ltd., and Waterdrip Capital have jointly launched two digital asset funds in Hong Kong, marking a significant move into the world of …