Shenghong Group started to build a 16 million mt/yr (320,000 bbl/day) crude distillation unit (CDU) and some other units in Jiangsu province on June 1, which indicated that the company Continue Reading
China’s crude oil imports dropped in May from a monthly record in April, as Chinese refiners drastically reduced Iranian oil imports after the end of the U.S. waivers and as Continue Reading
China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to Continue Reading
U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he does not reach a trade deal with China’s Continue Reading
China’s exports unexpectedly returned to growth in May despite higher U.S. tariffs, but imports fell the most in nearly three years in a further sign of weak domestic demand that Continue Reading
BEIJING (Reuters) – China’s iron ore imports rebounded in May from an 18-month-low in April, but were still well down on the same month last year as disruptions to output Continue Reading
China’s crude oil imports slipped 8% in May from an all-time peak hit the month before, customs data showed, as the world’s top importer of the commodity curbed shipments from Continue Reading
China’s imports dropped sharply last month, in a fresh sign of anemic demand in the domestic economy, adding to the pressure on Beijing as it struggles to manage trade tensions Continue Reading
Three decades of blistering growth in China’s auto sales came to a stop last year. But for the big foreign players who dominate the market, the country still represents the Continue Reading
Toyota has broken sharply with tradition and struck a partnership with two Chinese battery producers as Japan’s biggest carmaker aims at a grand global rebalancing towards electrified vehicles. Under the groundbreaking Continue Reading
