US officials are working behind the scenes to get Chinese independent refiners to stop importing roughly 200,000 b/d of crude oil and condensate from Iran, in violation of US sanctions, Continue Reading
China has pledged to buy almost $80 billion of additional manufactured goods from the United States over the next two years as part of a trade war truce, according to Continue Reading
China’s export growth slowed to a three-year low last year as the effects of trade tensions with the US and a slowing global economy took their toll. Exports grew 0.5 per Continue Reading
China’s crude oil imports grew by 9.5% in 2019 to 10.16 million b/d, despite a month-on-month decline of 3.8% in December, preliminary data released on Tuesday by the General Administration Continue Reading
China’s commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is Continue Reading
Farmers took a big hit. Importers of auto parts, furniture and machinery choked down punishing tariffs. Investment between the world’s two largest economies dropped. Much of the U.S. economy is largely Continue Reading
Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, the country’s top auto body said on Monday, as Continue Reading
Ford Motor Co’s ( F.N ) China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that Continue Reading
China and the US are expected to sign phase one of their trade deal Wednesday at the White House, with the timing potentially complicated by increased US sanctions pressure on Continue Reading
Engineering giant Siemens will decide by Monday on its involvement in the development of a controversial Australian coal mine being built by India’s Adani, CEO Joe Kaeser said on Friday. Continue Reading
