The cost of diesel is plunging around the world as traders weigh the impact of a potential new quota for Chinese fuel exports.Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big …
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China Back Among Top 10 Countries In Bitcoin Usage Despite Ban
A new Chainalysis report shows last year’s ban hasn’t prevented the Chinese from using bitcoin as the country returns to the global adoption rank’s top 10.
Property Downturn Undermines Onewo In Run-Up To Hong Kong IPO
Property management firm Onewo, which is boasting high-tech elements, could become the largest IPO in Hong Kong this year. Read more.
China’s two systems for crypto: Trading is banned, but virtual assets can be protected
In a decision involving Litecoin, a Chinese court says there are no rules ‘that negate the protectability of cryptocurrency itself as virtual property.’ …
China Evergrande’s Other Spending Spree—on Soccer—Is Also Running Into Trouble
China Evergrande’s property empire, built with billions of dollars in borrowed money, has had a humiliating comedown. Its formerly brand-burnishing soccer empire is going through one, too.
India narrows thermal coal imports gap with top buyer China
India is fast catching up with China in its thermal coal imports, as the world’s two biggest overseas buyers of the power generation fuel adjust purchases to align them with the varying trajectories …
Foreign trade of China’s Inner Mongolia up 20.4 pct in Jan-Aug
A China-Europe freight train runs through the national gate at Erenhot Port in north China’s Inner Mongolia Autonomous Region, Jan. 8, 2021. (Photo by Guo Pengjie/Xinhua) HOHHOT, Sept. 14 (Xinhua) — …
China biotech has bitter U.S. pill to swallow
China biotech’s American honeymoon is ending. Cross-border tie-ups in the sector have boomed despite intensifying geopolitical tensions read more , but U.S. President Joe Biden wants to cut dependence …
Analysts: LNG tankers key to smooth imports, energy security
They commented after Japan’s Mitsui O.S.K. Lines Ltd signed a long-term charter contract for three new LNG carriers with ENN LNG (Singapore) Pte Ltd, a wholly owned subsidiary of ENN Natural Gas Co …
Luxury brands drop star for hiring sex workers
Beijing: Global brands including Prada and Remy Martin have cut ties with Chinese superstar Li Yifeng (pic), after the actor was detained for soliciting sex workers.
As China Expands Its Fleets, US Analysts Call for Catch-up Efforts
As China builds more naval and merchant ships, U.S. maritime experts are calling on the Biden administration to increase investment in domestic shipbuilding to catch up with Beijing. The disparity has …
In China’s rice-growing heartland, farmers fight to save the autumn harvest
Poyang Lake and surrounding wetlands in Jiangxi province are parched, and rice farmers in the region are fearful about the coming harvest Despite the drought, analysts say China has ample rice …
Howard Schultz tells Cramer: China will overtake U.S. as Starbucks’ biggest market by 2025
Inflation is going to come down. China is going to come back, and the equity of the brand has never been stronger at Starbucks Coffee Company,” Schultz said. Details of the reinvention Starbucks …
