A sign encouraging people not to waste food at a restaurant in Handan, China, in 2020.Source: AFP/Getty Images China has been long obsessed with finding ways to ensure there is Continue Reading
When North Korea’s leader, Kim Jong-un, acknowledged an outbreak of Covid-19 last week, he ordered his government to learn from China’s “success” fighting the virus. What he did not say Continue Reading
Highlights Gasoil and gasoline exports both lower on tight export quotas Jet exports at 2-year high as companies focus quotas Only 4.41 million mt export quota available until new allocation Continue Reading
China’s Covid caseload is easing, though the threat of lockdowns remains as more infections are found in key cities and the country continues to have zero tolerance for any outbreaks. Continue Reading
China’s aviation industry lost a combined 84.3 billion yuan ($12.5 billion) last year, as the country kept its borders closed to keep out Covid-19. A rebound in domestic travel to Continue Reading
After easing up on Iranian oil somewhat in favor of heavily discounted Russian crude, China is now set to receive nearly two million barrels of Iranian oil, Reuters reports , Continue Reading
“We’ve got to do what we can to prevent infections,” said Ashish Jha, the White House Covid-19 response coordinator. “We’ve got to do what we can to ensure that infections Continue Reading
Japan’s Nuclear Regulation Authority (NRA) granted an initial approval on Wednesday for a Tokyo Electric Power’s (Tepco) (9501.T) plan for releasing water from the destroyed Fukushima nuclear power plant into Continue Reading
Goldman Sachs Group Inc. cut its economic growth forecast for China for this year to 4% as the government doubles down on a Covid Zero policy that’s forced major cities Continue Reading
North Korea, battling its first major Covid-19 outbreak, has reached out for help to its closest ally, China, while ignoring offers of vaccines from South Korea. Three North Korean cargo Continue Reading
China’s cash-strapped local governments have been forced to divert funds from poverty alleviation and infrastructure to finance mass coronavirus testing as President Xi Jinping’s zero-Covid policy causes growing financial strains. Continue Reading
The geographical location of Oman makes it one of the most strategically important countries in the world when it comes to energy and trade. China, notably through its relationship with Continue Reading
China’s economy descended deeper into a Covid-19-induced doldrums last month, raising questions about whether Beijing’s planned stimulus measures can prevent a prolonged downturn. Consumer spending and factory output tumbled in Continue Reading
China’s crude throughput slumped 10.5% year on year to a two-year low of 12.66 million b/d, or 51.81 million mt in April, as COVID-19 resurgence hurt oil demand, the National Continue Reading
North Korea has mobilized its military to distribute COVID medications and deployed more than 10,000 health workers to help trace potential patients, as it fights a sweeping coronavirus wave, state Continue Reading
As China’s rainy season starts, National Climate Center forecasts show that flooding in the north and south of the country could be as bad as last summer when torrential rain Continue Reading
Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel Manufacturing Co. executive. The rapidly weakening yen that boosts the competitiveness of Continue Reading
Trade in China’s thermal coal futures has almost come to a halt after Beijing stepped up its control of coal prices to rein in the soaring costs of energy and Continue Reading
China processed 11% less crude oil in April than a year earlier, with daily throughput falling to the lowest since March 2020 as refiners slashed operations on weaker demand due Continue Reading
China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s order to increase supply to ensure security of the country’s energy supply, Continue Reading
Shanghai set out plans on Monday for the end of a painful COVID-19 lockdown that has lasted more than six weeks, heavily bruising China’s economy, and for the return of Continue Reading
Army medical corps told to stabilise supply of medicine Leader’s order comes before visits to pharmacies in capital Pharmacies seen to lack equipment for the task -KCNA S.Korea offers talks Continue Reading
For evidence of just how tight Shanghai’s lockdown has been, consider this: not a single car was sold in the city last month. The majority of the city’s 25 million Continue Reading
North Korean leader Kim Jong Un criticized officials over slow medicine deliveries and mobilized the military to respond to a surge in suspected COVID-19 infections, as his nation struggled to Continue Reading
China’s economic activity contracted sharply in April as a wave of lockdowns across the country posed the most significant challenge to its growth prospects since Covid-19 emerged more than two Continue Reading
Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in strict COVID-19 lockdown, while Beijing battles Continue Reading
North Korea said on Sunday a total of 42 people had died as the country began its fourth day under a nationwide lockdown aimed at stopping the impoverished country’s first Continue Reading
North Korean leader Kim Jong Un said on Saturday that the spread of COVID-19 had thrust his country into “great turmoil” and called for an all-out battle to overcome the Continue Reading
Doctors in the United States are prioritizing only the most critical patients and hospitals are rationing supplies of a crucial drug after a covid lockdown in China temporarily closed a GE Healthcare Continue Reading
China’s crude throughput is set to reach a two-year low in April as state and independent refiners have slashed runs because of the latest COVID-19 resurgence that has hurt the Continue Reading
At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media said on Friday, offering hints at the Continue Reading
Six people have died and 350,000 have been treated for a fever that has spread “explosively” across North Korea, state media said Friday, a day after the country acknowledged a Continue Reading
When the United States brought world leaders together last year to discuss how to end the pandemic, President Biden emphasized the historic scale of the problem. “This is an all-hands-on-deck crisis,” Continue Reading
North Korea imposed a nationwide lockdown Thursday to control its first acknowledged COVID-19 outbreak after holding for more than two years to a widely doubted claim of a perfect record-keeping Continue Reading
China’s lockdowns could cost the company between $4 billion and $8 billion in lost sales. For decades, the world has depended on China as a massive factory floor and market. Continue Reading
North Korea, which hasn’t vaccinated its population, imposed a lockdown in all its major cities after it reported its first local case of Covid-19 more than two years after the Continue Reading
Japan and the EU agreed on May 12 to cooperate and help each other’s security of LNG supply, and work together to reduce Europe’s dependency on Russian energy supply by Continue Reading
Low throughputs generate high feedstock inventory ZPC, Hengli cut throughputs by 21.8% on month Feedstock consumption at Shandong’s independent refineries continued to fall and hit a 26-month low in April Continue Reading
The head of the World Health Organization said on Tuesday China’s zero-tolerance COVID-19 policy is not sustainable given what is now known of the virus, in rare public comments by Continue Reading
Tesla Inc (TSLA.O) has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, Continue Reading
If Xi Jinping was hoping for an uneventful and stable 2022 before his planned “re-election” this fall, he must be disappointed. In January I wrote that “China’s economic future isn’t Continue Reading
Shanghai officials said on Wednesday that half the city had achieved “zero COVID” status, but uncompromising restrictions had to remain in place under a national policy that the head of Continue Reading
A United Nations Weibo post on the World Health Organization chief’s comments that China’s zero-tolerance COVID-19 policy is not sustainable was removed from the Chinese social media platform on Wednesday Continue Reading
Sees FY oper profit at 2.4 trillion yen vs 3 trillion yen yr-ago Q4 operating profit down 33% on year; shares slip 5% FY oper pft target, Q4 result both Continue Reading
China’s crude oil imports in January-April fell 4.8% year on year despite inflows rising 6.6% to 10.51 million b/d in April as a recovery from the previous lows in March Continue Reading
A survey showed U.S. firms in China are lowering revenue projections amid Beijing’s stringent Covid Zero strategy. Enda Curran reports. China is tightening pandemic restrictions in Shanghai and expanding a Continue Reading
China car sales plunged the most in two years in April as Covid-19 lockdowns in the auto industry hubs of Shanghai and Jilin province smashed production and kept buyers out Continue Reading
Teams in white protective suits are entering the homes of coronavirus-infected people to spray disinfectant as Shanghai tries to root out an omicron outbreak under China’s strict “zero-COVID” strategy. City Continue Reading
Authorities in Shanghai have again tightened anti-virus restrictions, just as the city was emerging from a month of strict lockdown due to a COVID-19 outbreak. Notices issued in several districts Continue Reading
ENEOS, Idemitsu suspend signing new Russian oil import contracts Russian supply accounts for 4% of Japan’s oil imports Japan will ban “in principle” Russian oil imports following the latest commitment Continue Reading
