A private gauge of China’s services sector retreated further in February and slipped to a six-month low, as Beijing’s strict anti-coronavirus …
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Russia-Ukraine conflict has a limited impact on China’s food supply
China’s emphasis on its own food production and security helps mitigate the impact of the Russia-Ukraine conflict on domestic food prices, analysts said.
China confirms it has lifted wheat import restrictions on Russia
The Chinese government confirmed this week that it has scrapped import restrictions on wheat from Russia, making the announcement the same week Russia invaded Ukraine.
China Positions Itself as Mediator Between Russia, Ukraine
That relationship, he said, could lead to more pan-Eurasian trade. In 2020, China was the third-largest partner for European Union exports and the largest partner for EU imports. Before the call …
China’s manufacturers feel the pain of Ukraine crisis as customers have ‘no desire to pay’
China is the largest trading partner of both Russia and Ukraine, but sanctions from the US and its European allies have started to be felt by customers in both countries.
China’s CDT Environmental Technology files for $12M US IPO
China’s CDT Environmental Technology Investment Holdings (CDTG) has filed to hold a $12M initial public offering in the US …
China Might Already Regret Palling Around With Putin
Even after famous autocrat admirer Donald Trump wounded this budding Axis of Unpleasantness by losing the White House, Vladimir Putin found a powerful new bestie in China’s Xi Jinping, a partnership …
Stellantis Implementing New Strategy in China
After decade of struggling to find success and profit in the Chinese market, Stellantis is going back to basics with its newest strategy. CEO Carlos Tavares said the company’s new strategy is …
U.S. oil imports down, exports up last week: EIA
U.S. crude oil imports decreased while exports increased during the week ending Feb. 25, the U.S. Energy Information Administration (EIA) said in a report released on Wednesday. U.S. crude oil imports …
Could Russian banks and oligarchs use crypto to evade sanctions?
“The fixation in certain circles on Russia using crypto to bypass sanctions is misplaced,” said … For instance, Russia uses payment networks shared by China and other countries that don’t observe …
Biden administration readies confrontation with China over trade and industrial policy
The Biden administration is preparing to confront China on its industrial subsidies and seek ways to protect America’s edge in new technologies, hardening U.S. economic policy toward the nation’s …
China won’t join Western financial sanctions on Russia over Ukraine
China’s communist government said Wednesday that it will not be joining a wide-ranging sanctions campaign by the U.S. and countries around the world against Russia over its invasion of Ukraine, adding …
China Cannot Condone Russia’s Aggression in Ukraine
China’s attitude toward the Ukraine war stems from functional calculations, diplomatic and military bonds with Kyiv, strategic considerations, and normative reflection.