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Despite the Ukraine war, Russian gas supplies to China are expected to increase by 60% in 2022
According to Russia Today, the transfers were delivered through the Power of Siberia pipeline as part of a contract between Gazprom and China National Petroleum Corporation (CNPC).Beijing has …
Wine exports plunge on Chinese ban, while US growth strategy falls flat
“The export figures are reflective of the unprecedentedly tough market conditions over the past 15 months as a result of the imposition of high deposit tariffs on bottled Australian wine imported to …
Estee Lauder cuts profit forecast on China COVID curbs, Ukraine crisis
China generates about 36% of Estee’s sales … “Everywhere the high luxury part (of the business) is doing better in growth than any other parts. This doesn’t suggest consumers are worried …
Global Manufacturers Lose Momentum as Inflation Worsens: Kemp
CHINA IN TROUBLE In China, manufacturers have already been hit far harder than in the other regions because they are also struggling with increasingly frequent coronavirus outbreaks and lockdowns.
Didi Global Says It Faces SEC Probe Related to U.S. IPO
as it prepares to depart New York bourses under orders from Beijing. The company, once worth about $80 billion, is grappling with the broader fallout after proceeding with its IPO despite regulators’ …
DiDi Global Faces U.S. SEC Probe Over IPO
DiDi (ticker: DIDI) disclosed in a regulatory form Tuesday that the SEC had contacted the company and made inquiries about the IPO, according to an annual … with applicable [People’s Republic of …
Russian gas supplies to China soar by 60% in 2022 amid Ukraine war
Amid the ongoing war in Ukraine, Russia’s gas supplies to China have soared by as much as 60 per cent … (Only the headline and picture of this report may have been reworked by the…
WTI juggles in a 103.30-103.60 range as China’s independent refineries close Russian oil deals
China’s independent refineries have started importing oil … Lower oil inventories in the US are an outcome of the higher exports of oil by the US recently. The US administration has turned out as an…
Didi Global says it faces SEC probe related to US IPO
The company has been in talks with the Cyberspace Administration of China about a fine and other penalties after proceeding with the IPO over the regulator’s objections, Bloomberg News has reported.
Canada to increase grain exports amid global food supply concerns
with exports also setting a record by value at more than 24.5 billion Canadian dollars (19.6 billion U.S. dollars). Enditem Follow China.org.cn on Twitter and Facebook to join the conversation.
China’s independent refiners start buying Russian oil at steep discounts
Many western companies are self-sanctioning or struggling to secure the insurance, shipping or financing needed to buy Russia’s commodity exports, raising expectations that energy-hungry China will …
Oil drops as China lockdowns overshadow Russian output risk
Oil fell as lockdowns across China countered looming European Union measures to limit … For now, the most extreme pocket of tightness in the oil market is in diesel. Record fuel exports from the U.S…
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