Chinese diesel output rose 14% in April while diesel exports fell 81%; gasoline output fell 6% while exports fell 40%; in aggregate, oil product exports fell over ~50% year on …
Tagged By business
Elon Musk warns China’s economic growth could leave the US in the dust
Billionaire Tesla boss Elon Musk made a bold prediction this week about China’s growth, indicating that it could double or even triple the size of the United States’ economy in the years ahead.
China Moves Another 2 Million Barrels of Iranian Oil into Reserve Tanks
China is set to receive close to two million barrels of Iranian oil this week and pump into a reserve base in south China, according to tanker tracker specialis …
China lockdowns impeding supply chain recovery, slowdown risks spillovers, Yellen says
U.S. Treasury Secretary Janet Yellen said on Wednesday that COVID-19 lockdowns in China appear to be impeding the flow of goods and hampering global supply chains and a broader slowdown in growth in …
Some Trump China tariffs impose ‘more harm on consumers, businesses’: Yellen
Some of the Trump-era tariffs imposed on China appear to hurt consumers and businesses more than address real issues posed by the Asian giant, US treasury secretary Janet Yellen said Wednesday, as …
Report: Brides are Cambodia’s Latest Illicit Export to China
The latest commodity being trafficked out of Southeast Asia and on to lucrative markets in China is neither wildlife nor drugs or arms but rather brides, according to a new report by the Global …
Less than two years after nine-figure IPO, Applied Molecular Transport cuts back on staff, pipeline efforts
Another day, another biotech undergoing a significant shift thanks to the bear market. Wednesday’s victim is Applied Molecular Transport. This morning the San Francisco-based biotech said it would lay …
China April aluminium imports down nearly 38% y/y on weak demand
China’s aluminium imports fell 37.7% in April from the same month a year earlier as overseas prices rose and domestic consumption weakened, government data showed on Wednesday. Corrects para 4 to 596, …
How is China’s ‘zero-COVID’ policy impacting European businesses?
Shanghai, one of the world’s largest trading hubs, has been in lockdown since the end of March. View on euronews …
Danish Fashion Brand Closes All 1,300 Doors in China
Selected, a Danish unisex apparel brand, will shut all its brick-and-mortar stores in China by July. Where did it go wrong?
Evaluating the New 2022 China Trade & Supply Chains
Adapting to the new China and its supply chain realities, as China JV partners will be looking at Central Asian markets By Chris Devonshire-Ellis Western media again has tended to portray China …
China Climbs Back Up to Top Crypto Mining Spot After the U.S.
After China banned cryptocurrencies in 2021, there was a massive exodus of miners to the United States, Kazakhstan, and other destinations. However, new data from the Cambridge Ce …
Bitcoin production has roared back in China thanks to an underground mining scene
New research from the Cambridge Centre for Alternative Finance shows that Chinese bitcoin mining activity has quickly rebounded.
