How Will China Relax Its Zero-Covid Grip? With Bubbles, Drugs and New Messaging
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Why China Should Want Russia’s Invasion To End
While a large coalition of countries has come together to condemn Russia’s invasion of Ukraine, China has refused to take sides in the conflict. China’s failure to condemn Russia and Continue Reading
China likely to lift March gasoline, gasoil outflows as export margins rise
Oil products price rise in Singapore outpaces China Current March gasoline outflows set at 520,000 mt March gasoil export target at 500,000 mt Chinese oil companies are likely to lift Continue Reading
Half a million Australians face flood evacuation orders
Authorities in Australia issued more orders for people to leave their homes on Thursday after heavy rain triggered flash floods in its largest city, with officials warning of worse to Continue Reading
China Moves to Secure Commodities Rocked by Ukraine War
Officials order agencies to ensure energy, commodity supplies State-owned buyers to scour markets for oil, gas, iron ore Bloomberg News China’s top government officials have issued orders to prioritize energy Continue Reading
Russia-China Trade Stifled by Yuan’s Surge Against Ruble
It has just got a lot more expensive for Russia to deal with its biggest trade partner China. The yuan hit a record high against the ruble this week — Continue Reading
China ready to ‘play a role’ in Ukraine ceasefire
China signalled it was ready to play a role in finding a ceasefire in Ukraine as it “deplored” the outbreak of conflict in its strongest comments yet on the war. Beijing Continue Reading
SWIFT Ban Hits Russian Coal Exports To China
Chinese buyers of coal are having trouble securing financing to buy coal from Russia, the world’s third-largest coal exporter, as China’s banks are wary of sanctions themselves after selected Russian Continue Reading
China’s independent refiners cautious on procuring Russian crude due to payment challenges
China’s independent refineries have turned cautious of procuring Russian crudes following the escalation of the Russia-Ukraine military conflict , while difficulties faced in the issuance of letters of credit dampen Continue Reading
Iran offering fewer crude cargoes to Chinese traders as it prepares for lifting of sanctions: sources
Traders expect Iran to do away with discounts Iranian crude around $8/b cheaper than other similar grades Iran could supply 1.75 mil b/d by August: S&P Global Iran’s state-owned National Continue Reading