“Perhaps equally interesting is the observation that we are currently at a new all-time-high for iron ore imports over a rolling 12-month period at 1.224bn tonnes,” shipbroker SSY remarked in its …
Tagged By covid-19
Crude oil processing in China falls significantly in July – Commerzbank
Last time this happened was at the end of 2022, when oil demand in China recorded a hitherto unprecedented annual decline due to the strict COVID-19 policy. The reasons for the weak processing are …
Beijing issues alerts for heavy rain, torrents
The city’s meteorological service forecast that Beijing will see heavy rain cumulatively exceeding 100 millimeters in some areas from Saturday afternoon to Sunday, which could induce secondary …
Alibaba and Walmart Are Bellwethers. What Their Results Say About China, U.S. Economies.
Alibaba and Walmart, two of the world’s largest retailers, reported earnings this week, with their respective reports revealing starkly different trends about the world’s two largest economies. Less …
China will focus on boosting consumption to improve economy, premier says
China’s Premier Li Qiang told a cabinet plenary session on Friday that great efforts must be made to boost the economy and the country will focus on stimulating consumption, state media reported.
China wants to check travelers for Mpox virus
This brings back memories of the coronavirus pandemic: China’s authorities want to test people entering the country and importing goods for the Mpox virus over the next six months.
Douglas’ quest for ‘city games’ in Shenzhen
For Douglas Dueno, a visitor from the United States, the city of Shenzhen in South China’s Guangdong province is like a massive “game world” brimming with endless possibilities. Here, anyone can …
China Researchers Call for ‘Shadow Government’ in Taiwan Ahead of Takeover
Their paper also calls for “policy experimentation” to simulate reshaping the island democracy in China’s image.
China Responds to Donald Trump’s Nuclear Weapons Claim
China announced that it had stopped arms control negotiations with the U.S. on possible nuclear weapons limitations in July, accusing Washington of undermining its “core interests” by continuing to …
China’s AMEC sues U.S. defence department over ‘military company’ label
One of China’s leading chip equipment makers, Advanced Micro-Fabrication Equipment (AMEC), said on Friday it had filed a federal lawsuit against the U.S. defence department, challenging its …
China, Vietnam eye boost to rail links as top leaders meet
Rail links will be high on the agenda when Vietnam’s newly appointed leader To Lam travels to China to meet President Xi Jinping next week, officials said, as the neighbours seek to boost trade.
Replacing China in copper supply chain is ‘unfeasible,’ warns WoodMac, as the West seeks shift
Efforts from Western economies to diversify away from China’s copper supply chain could raise costs and delay the energy transition, says Wood Mackenzie.
China Utility to Expand EV Supercharging in Beijing, CCTV Says
State Grid Corp. of China is planning to significantly expand its supercharging network for electric vehicles in Beijing as the adoption of EVs accelerates across the country, China Central Television …