Trade War Could Persist Unless China Caves
Markets have been anticipating more trade talks this year between Washington and Beijing. However, it appears that the U.S. could be preparing to ask for even more from China before Continue Reading
Chinese Consumers Tighten Their Belts and the World Feels the Squeeze
No longer just a manufacturer for the world, China has become the largest market for many consumer, luxury and durable goods, as an expanding middle class flexes its spending power. Continue Reading
Alaska gives Chinese more time to consider LNG deal
— Negotiations began in November 2017 Trade tensions between US and China adding complications Alaska has extended a deadline for Chinese companies to agree on LNG purchases and financing for Continue Reading
The future might not belong to China
Do not extrapolate from the recent past. China has had a hugely impressive four decades. After their triumph in the cold war, both the west and the cause of liberal Continue Reading
Stocks Open 2019 With a Tumble Over Weak Chinese Data
Analysts at Jefferies pointed to a “perfect” storm in the final months of 2018, including high oil prices, a strong dollar and an upward shift in the U.S. yield curve, Continue Reading
Tesla To Start Building Gigafactory In China
In a sign that Tesla is preparing to start construction of its first factory in China, Elon Musk said on Monday that he would be visiting China soon for the Continue Reading
China cuts refiners’ oil import quotas with first 2019 allowances
China issued its first batch of crude oil import quotas for 2019 on Wednesday at a lower volume than for the same batch a year ago though expectations are for Continue Reading
Hydrogen power: China backs fuel cell technology
Stung by the impact of the financial crisis, the hilly city of Yunfu in China’s southern Guangdong province decided in 2009 it was time for a makeover. Known over hundreds Continue Reading
Shell wins license to independently trade oil products in China’s domestic wholesale market
China has awarded a license to oil major Shell to independently trade oil products in China’s domestic wholesale oil market, a sign that Beijing is keen to attract more international Continue Reading
Shandong’s Crude Imports Hit New High In December
Shandong’s crude imports hit an all-time high in December, as some independent refiners tried to use up their quotas for 2018. About 12 million metric tonnes of imported crude reached Continue Reading