China violated its fundamental trade commitments when it imposed tariffs on $2.4 billion worth of US products in retaliation for former President Donald Trump’s steel and aluminum duties, the World …
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China customs to improve comprehensive bonded areas, serving ‘dual circulation’
China Customs said on Wednesday that it will further improve the high-quality development of comprehensive bonded areas, an important platform for China’s opening-up, to better serve the “dual …
Oil steadies as China fears counter tighter US supply expectations
Oil prices were little changed on Wednesday as investors weighed worries about China’s embattled economy against expectations of tighter supply in the United States. Brent crude futures edged up 10 …
Iran’s oil exports to China hit 10-year high
Iran’s oil exports to China are at a 10-year high, according to data revealed on Wednesday. Iran is exporting 1.5 million barrels per day of crude oil to China in August, the highest figure since…
Keep China in check: Don’t let Section 301 tariffs expire
Section 301 penalty tariffs on finished apparel and textile products are critical to checking abusive Chinese trade practices and leveling the playing field for domestic manufacturers and our free …
China’s slump weighs on US stocks
Stocks in the energy sector and the materials industry (think chemical companies) were the worst two performers of the 11 “sectors” that make up the S&P 500. The index as a whole shed 1.2% on…
Oil edges higher as traders weigh tight supplies versus China worries
Oil futures turned slightly higher in choppy trade Wednesday morning, attempting to stabilize after a modest pullback attributed to worries about China’s economic outlook. Traders were also awaiting …
China may renew importing Indian chilli as its crop is hit by floods
Indian red chilli exporters expect demand to return from China, the largest buyer, due to declining stocks in the neighbouring country. Prices, which had retraced from high levels in May, are seen …
China oil imports from Iran hit new highs in August
China oil imports from Iran may hit a decade high in August at around 1.5 million barrels per day, news agencies reported Wednesday.Estimates …
China deflation: why are prices going down?
China ’s economy has reportedly fallen into what is known as a “ deflation ” – although this term has been vigorously denied by the country’s government. According to several reports, the National …
‘New world order’ backfires on China and Russia amid economic disruption
It was only a year ago that Beijing and Moscow touted a new world order, but things appear to be unraveling fast for their economies. Exports, manufacturing activity and property prices are sliding in …
China’s Oil Imports From Iran Set To Hit Decade-High In August
China is expected to import as much as 1.5 million barrels per day (bpd) of crude oil from Iran in August, the highest since 2013, per estimates from data intelligence firm Kpler cited by Bloomberg.
China Stocks Slump as Economic Gloom Spreads
Since then, China has released a string of worrying economic data. Prices consumers and business pay are falling, raising the threat of deflation. Retail sales and industrial production in July missed economists’ expectations, and investment…
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