China’s overseas shipments of gasoline and diesel surged in December as refiners utilized a bumper export quota issued late last year.
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Top Chinese official pledges more co-operation with the West and signals China is open for business
A top Chinese official signalled China is open for business and offered an olive branch to the West saying the country looks forward …
China calls for ‘reglobalisation’ after declaring it is open for business
China has reassured the world it is open for business in a high-profile Davos speech aimed at mending damage to its reputation as the world’s manufacturer. In the highest-level official visit by a …
China calls for ‘reglobalisation’ after declaring it is open for business
China has reassured the world it is open for business in a high-profile Davos speech aimed at mending damage to its reputation as the world’s manufacturer. In the highest-level official visit by a …
Luxury Brands See Early Signs of Recovery in China
Persistent Covid-19-related disruption in China has been a major headache for makers of high-end clothing, handbags and jewelry, which had come to rely on spending by Chinese shoppers at home and …
China bets on Saudi oil and gas
Second, China’s growing reliance on GCC oil and natural gas has … (which have inflicted serious damage on the Iranian oil and gas sector and made doing business with Iranian firms incredibly onerous) have revealed…
China’s giant downshift
China’s economy posted its slowest annual growth since 1976, another indication the post-COVID world economy could be vastly different from the decades that preceded the pandemic. Why it matters: …
China’s diesel, gasoline exports rise in Dec, total 2022 volumes fall
China’s diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country’s COVID outbreak limited domestic fuel demand, and refiners utilised their …
China 2022 aluminium imports fall 26% on lower demand
China’s aluminium imports in 2022 fell 25.6 per cent from a year earlier as COVID-restrictions reduced consumption amid record high domestic production. Last year, the world’s biggest aluminium …
Burberry seeing “very promising” signs from China reopening
British luxury brand Burberry is seeing “very promising” signs in China so far this month after the lifting of strict COVID-19 curbs in the country, Chief Financial Officer Julie Brown said on …
Why China’s Shrinking Population Is Cause for Alarm
China struggled for years to curtail its rapid population growth. Now that its population is declining, economists and others fear serious implications for China and countries around the world.
FTX reports $415 million in hacked crypto, Bankman-Fried says FTX US is solvent
HONG KONG (Reuters) – Shares of Tencent Holdings, the world’s largest gaming company, and smaller rival NetEase Inc rose on Wednesday after China’s video… (Reuters) – Washington state’s highest …
‘Consumption May Have Hit Rock Bottom’: China’s COVID Woes Slash Pork Demand
As infections rip through the population, fewer people are meeting up, and they’re spending less on pricier items like meat …
