China National Offshore Oil Corporation (CNOOC), the country’s largest importer of liquefied natural gas (LNG), has declared force majeure on deliveries of LNG cargoes and will not be honoring some Continue Reading
The Chinese authorities resorted to increasingly extreme measures in Wuhan on Thursday to try to halt the spread of the deadly coronavirus, ordering house-to-house searches, rounding up the sick and Continue Reading
South Korea’s Hyundai Motor and Kia Motors will suspend car production indefinitely at all its local plants, the company said Friday, due to a lack of auto parts from its Continue Reading
Designated hospitals in the Chinese city at the center of a coronavirus outbreak started taking only severe or critical patients, as more Chinese cities imposed restrictions on movement to help Continue Reading
Chinese energy executives are projecting that the country’s oil consumption will plunge by 25 percent this month as the deadly coronavirus outbreak paralyses travel and shuts down industrial activity in Continue Reading
On any normal morning, thousands of workers stream in and out of the huge gates of Foxconn Zhengzhou Science Park, a 1.4m ompound in the central Chinese province of Henan. Continue Reading
Sales of jet fuel in China slumped by a quarter in the last week of January because of the coronavirus outbreak, an unnamed source from the oil industry told Reuters. Continue Reading
BEIJING—China said it would slash tariffs on $75 billion of U.S. imports in half as part of its efforts to implement a recently signed trade agreement with Washington. Beginning Feb. Continue Reading
The coronavirus outbreak is delivering a painful blow to China’s $43tn property market as developers close sales centres and potential homebuyers delay the search for new flats. The impact of the crisis Continue Reading
Death toll in China rises to 563 as lockdown enters third week. The death toll and number of infections continued to soar in China, officials said Thursday. It has been Continue Reading
