The 6.6% growth rate for 2018 reported Monday is the slowest annual pace China has recorded since 1990. The economic downturn, which has been sharper than Beijing expected, deepened in Continue Reading
In the vast metropolis of Chongqing in western China, three huge Ford Motor assembly plants have slowed to a fraction of their earlier pace. In the eastern province of Jiangsu, Continue Reading
China’s economy is slowing, and the slowdown is likely worse than Beijing says. Official numbers released on Monday show an economy that is posting new, but manageable, lows. For the Continue Reading
China’s economic growth, though still strong by some countries’ standards, has slowed to rates unseen in a quarter-century, and it is expected to flag further in 2019. Some economists project Continue Reading
China’s largest crude oil refiner, Sinopec, has offered US$3 billion to Iran’s state oil company, NIOC, to jointly expand the development of a major field in Iran, the Wall Street Continue Reading
Australians have flocked to beaches and watering holes to cool off Australia has just sweltered through at least five of its 10 warmest days on record, authorities estimate. An extreme Continue Reading
China’s CNOOC Group said it aims to double its exploration projects and proven oil and gas reserves in seven years, the company said on Friday via its official Wechat account. Continue Reading
Related The debate is occurring as trade officials try to figure out the best way to pry concessions from China . It hasn’t yet reached President Trump, and the outcome Continue Reading
There is rising concern among global investors that a Chinese growth slowdown will drag down the world economy. If reported growth on Monday comes in below expectations, the news could Continue Reading
Decelerating economy single largest risk to Chinese oil sector Trade war, IMO2020 and refining overcapacity also major issues Oil demand growth slows to 3.4% in 2019 versus 4.6% in 2018: Continue Reading
