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Category: East Asia

Category:
  • China

China’s independent refineries set to receive first Russian Urals crude since Nov

Highlights About 880,000 mt to arrive in June Arrivals dampen demand for other regular crudes China’s independent refineries in Shandong are set to resume taking Russian Urals, with the first Continue Reading

Posted On : 1 Jun 2022 Published By : Tom Whipple
Category:
  • China

China says a third of electricity will come from renewables by 2025

China will aim to ensure that its grids source about 33% of power from renewable sources by 2025, up from 28.8% in 2020, the state planning agency said on Wednesday Continue Reading

Posted On : 1 Jun 2022 Published By : Tom Whipple
Category:
  • China

China’s exports suffer reversal of fortune as world shakes off Covid lockdowns

In 2020 and 2021, when the coronavirus pandemic forced much of the world’s population to spend more time at home, Chinese exports of laptops recorded double-digit percentage growth. The boom Continue Reading

Posted On : 1 Jun 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • USA

Covid-weary Americans enter Memorial Day with little effort to contain a still-raging pandemic

For the third year, Americans are greeting the unofficial start of summer shadowed by the specter of the coronavirus amid rising covid-19 cases and hospitalizations across the country. The United States is Continue Reading

Posted On : 1 Jun 2022 Published By : Tom Whipple
Category:
  • China

China to halve purchase tax for small-engine cars

China’s purchase tax for small-engine cars will be halved, the s Ministry of Finance said on Tuesday, in a move to boost auto sales and support an economy damaged by Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • China

Decline in China’s factory activity slows as COVID curbs ease

China’s factory activity fell at a slower pace in May as COVID-19 curbs in major manufacturing hubs eased, but movement controls continued to weigh on demand and production, raising concerns Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • China

China announces detailed stimulus measures to support virus-hit economy

China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive its pandemic-ravaged economy, adding it will inspect how provincial governments implement Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • China

Shanghai moves toward ending 2-month COVID-19 lockdown

Shanghai authorities say they will take some major steps Wednesday toward reopening China’s largest city after a two-month COVID-19 lockdown that has throttled the national economy and largely bottled up Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • China

China’s Economic Downturn Shows Signs of Easing

Economic activity in China declined for a third straight month in May, though at a slower pace than in April, according to surveys of businesses and factories. But while the Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • China

As China’s Private Developers Retreat, State-Backed Rivals Gain Ground

A nearly yearlong shakeout in China’s housing market is throwing up some clear winners: state-owned developers. As former industry leaders from China Evergrande Group to Sunac China default on their Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple

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