China’s Sinopec Corp incurred a loss of 1.6 billion yuan ($243.58 million) on its LNG imports in the first quarter due to high import costs, a company executive said on an earnings call on Thursday.
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Laura Ingraham Blasts 19 GOP Senators ‘Willing to Sell Out the American People to China’ by Voting to Ease Tariffs
Laura Ingraham ripped Republican senators who support easing tariffs on Chinese imports. The Fox News host cited a POLITICO report that stated several Senate Republicans seem poised to support an …
Removal of import duty on cotton is a ‘late’ relief; now stop free flow of raw materials to China, Bangladesh, says stakeholders
Had the duty been abolished at least a few months ago, several export orders could have been saved, claim traders.
New business models flourish in China’s rural areas
New business models are flourishing in China’s rural areas as millions of people return to their hometowns for business creation. An industrial park in Changxing County has nearly 50,000 Hu sheep, a …
Sinopec Incurs $244 Million Loss on Q1 LNG Imports – Company Exec
China’s Sinopec Corp incurred a loss of 1.6 billion yuan ($243.58 million) on its LNG imports in the first quarter due to high import costs, a company executive said on an earnings call on Thursday.
Honor sees gains as China smartphone sales drop 14% on year in Q1
Former Huawei unit Honor posted the fastest growth in China’s smartphone market in the first quarter, even as overall handset sales fell 14 per cent year-on-year to levels close to those seen in the …
OPPO Smart TV K9x 65-inch officially goes on sale in China; priced at 2,199 yuan ($335)
OPPO is a relatively new brand in the smart TV market, having a presence in this category for less than years now. But the company has been expanding its portfolio and recently launched the OPPO…
Investors leave China amid slumping economy, stern COVID policies
China economic slowdown and the country high-handedness in tackling COVID-19 are pushing the investors to move out of the country and shut down their busine …
GOP lawmaker presses for answers on China role in proposed Forbes sale
A key Republican lawmaker is pressing the Treasury Department to examine the proposed acquisition of Forbes Global Media Holdings by a China-based enterprise that got its initial seed money from an …
China records increase in market entities in March
China registered a steady growth in the number of market entities last month, official data showed Wednesday. The number of newly-added market entities reached 2.95 million nationwide in March, up 19.
Chinese electric cars help boost increase of Israeli imports from China
Car imports have become Israel’s leading import categories from China and contributed greatly to the increase of Israeli imports from China, an Israeli trade leader said. Israeli imports of goods from …
Oil Market Is Spooked By China’s Zero COVID Policy, But This Won’t Last
China’s zero COVID policy is spooking the oil market. But as we’ve seen all around the world, it’s unsustainable. Click here to learn more.
China reports current account surplus in Q1
BEIJING – China maintained a balance in its international payments in the first quarter of this year, with a reasonable level of current-account surplus, the State Administration of Foreign Exchange …
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