US-China Oil Deal Dictated By A Market That Hates It
The ‘ big beautiful monster ’ Phase One trade deal between the United States and China may end up being truly beautiful for U.S. exports on paper only—at least as Continue Reading
Chinese coal mines delay production restart in wake of coronavirus: sources
Chinese coal mines in Shanxi’s Linfen and Yulin cities have delayed restarting production after the Lunar New Year holidays because of the coronavirus outbreak, sources told S&P Global Platts Friday. Continue Reading
Australia’s capital city faces worst bush fire threat since 2003, as scorching heat plots a return
The country was never as hot and as dry at the same time as it was in 2019, which helped set the stage for the devastating fires. In December, Australia Continue Reading
China set to slash crude throughput, imports as coronavirus dents consumption
Refiners in China are poised to slash crude imports and throughput over the coming months, as the nation’s battle to contain the spread of coronavirus hits product consumption, with transportation, Continue Reading
China’s ailing auto sector to suffer further from coronavirus
China’s struggling auto sector is likely to take a further hit from the effects of the coronavirus outbreak given that Wuhan is the country’s major auto production hub. But overcapacity Continue Reading
New coronavirus looks set to cause a pandemic – how do we control it?
The new coronavirus may be about to go global. Speaking at a press conference earlier this week, Gabriel Leung at the University of Hong Kong said that without “substantial, draconian Continue Reading
Heatwave and high winds threaten to reignite Australian wildfires
Swathes of southeast Australia were bracing on Thursday for a days-long heatwave that threatens to stoke bushfires that have been burning for months. As firefighters and residents prepared for the Continue Reading
China virus toll rises to 170 as fear grows over global economic hit
Countries began isolating hundreds of citizens evacuated from the Chinese city of Wuhan on Thursday to stop the spread of an epidemic that has killed 170 people as worry about Continue Reading
To Understand the Wuhan Coronavirus, Look to the Epidemic Triangle
Five cases of the mysterious Wuhan coronavirus have been confirmed in the United States, giving rise to concerns about a potential global pandemic. We’ve seen this story before, as health Continue Reading
China offers force majeure shield for businesses affected by coronavirus outbreak
China is offering force majeure certificates to local companies, if they are unable to fulfill their international contractual obligations due to the coronavirus outbreak, the China Council for the Promotion Continue Reading