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Category: East Asia

Category:
  • China

China to Lower 2020 Economic Growth Expectations On Coronavirus Outbreak

It would be challenging for China to falsify 2020 GDP figures between 6% to 6.5% amid economic fallout from the coronavirus outbreak. The Communist Party of China had come to Continue Reading

Posted On : 5 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • USA

Travel restrictions could cost U.S. $10.3 billion in Chinese visitor spending

Travel restrictions related to the novel coronavirus from China could impact city and state economies across the United States, which have benefited from a huge jump in tourism from China Continue Reading

Posted On : 5 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • USA

Coronavirus Crisis Could Delay U.S. Boost From Deal With China, Kudlow Says

White House National Economic Council Director Larry Kudlow said Tuesday he expected the fallout from the deadly coronavirus to delay—but not derail—the economic boost the U.S. anticipated from the first Continue Reading

Posted On : 5 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • Europe
  • USA

EU and US carmakers warn ‘weeks away’ from China parts shortage

Executives at several carmakers and motor parts suppliers warned that plants in Europe and the US were only weeks away from being forced to close as disruptions caused by the Continue Reading

Posted On : 5 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • Iran
  • USA

End of Cosco sanctions shows US reluctance for penalizing key oil market players: analysts

The Trump administration’s decision to lift sanctions on affiliates of China’s biggest shipping company may not be a sign the US “maximum pressure” campaign on Iran is weakening, but shows Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • China

Live updates: China’s reopened stock markets plunge as coronavirus outbreak spreads around the world

● China’s National Health Commission reported Monday that there are 17,228 confirmed cases in China, including 15 in Hong Kong and eight in Macao. The self-governing island of Taiwan reported Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Japan
  • Middle East

Japan Deploys Warship To Protect Oil Route In Middle East

Japan has deployed a warship to critical oil shipping lanes in the Middle East, and has authorized use of force for those ships, Reuters reported on Sunday. The decision to authorize force Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • China

Asia’s Top Refiner Slashes Production As Virus Wrecks Demand

China Petroleum & Chemical Corporation, or Sinopec—the largest oil refiner in Asia—is cutting its refinery production by 600,000 bpd in February, due to decreased fuel demand amid the raging coronavirus Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • Japan
  • South Korea

Toyota and Panasonic to establish joint venture specializing in automotive batteries: prismatic Li-ion, solid-state and next-gen

Toyota Motor Corporation and Panasonic Corporation have decided to establish Prime Planet Energy & Solutions, Inc., a joint venture specializing in advanced automotive batteries, including prismatic Li-ion, solid-state and next-generation Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • South Korea

Hyundai to halt South Korea output as virus disrupts China parts supply

Hyundai Motor ( 005380.KS ) said it will suspend production in South Korea due to the coronavirus outbreak disrupting parts supply, becoming the first major automaker to do so outside Continue Reading

Posted On : 4 Feb 2020 Published By : Tom Whipple

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