Infrastructure and small-scale private industry are suffering from the shadow banking crackdown championed by President Xi Jinping. But two other important drivers of the economy—state-owned firms and real estate—are doing Continue Reading
The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese Continue Reading
U.S. Secretary of State Mike Pompeo slammed Iran’s Supreme Leader Ali Khamenei for staying silent on reports of China violating the human rights of Muslim minorities, accusing Iran of turning Continue Reading
More than 50 personnel from allied countries will be hosted aboard the USS Blue Ridge, an American command ship stationed in Yokosuka, Japan. Special quarters, called the Enforcement Coordination Center, Continue Reading
Venezuela’s President Nicolas Maduro is meeting with the top Chinese officials, including President Xi Jinping, as the socialist leader of the troubled Latin American oil producer is looking to convince Continue Reading
Chinese refineries processed 50.31 million tons of crude oil in August, the lowest since December 2017, calculations by Reuters based on data from the National Statistics Bureau showed. On a Continue Reading
China’s Sinopec Corp has joined a group planning to build an oil refinery in Alberta, the project’s consultant said, an enterprise that would strengthen demand and prices for the Canadian Continue Reading
China’s economic slowdown could be a key trigger of the coming global financial crisis, but one of its core drivers — China’s dwindling supplies of cheap domestic energy — is Continue Reading
Several independent Chinese refineries are drawing up plans to build petrochemical complexes in east China’s Shandong province, aiming to join an investment boom in the world’s top chemicals market. China Continue Reading
Fixed-asset investment outside rural households rose 5.3% in the January-August period from a year earlier, the National Bureau of Statistics said Friday. The rate was the most sluggish since 1992, Continue Reading
