China’s Got Problems, But Inflation Ain’t One
Forecasts for the second year of strong global growth face two main dangers: the health of China’s economy and the prospect of much higher U.S. interest rates. How the world’s Continue Reading
China’s zero-Covid policy poses challenge for manufacturers and supply chains
China’s battle to contain the Omicron coronavirus variant risks choking already stretched global supply chains, manufacturing managers and analysts have warned, threatening production of goods ranging from smartphones to furniture. Continue Reading
Supply Chain Woes Could Worsen as China Imposes Covid Lockdowns
Companies are bracing for another round of potentially debilitating supply chain disruptions as China, home to about a third of global manufacturing, imposes sweeping lockdowns in an attempt to keep Continue Reading
China’s Economy is Slowing, a Worrying Sign for the World
Construction and property sales have slumped. Small businesses have shut because of rising costs and weak sales. Debt-laden local governments are cutting the pay of civil servants. China’s economy slowed Continue Reading
China’s crude throughput rises 5% to 14.13 mil b/d in 2021, falls 2% on year in Dec
China’s GDP expands 8.1% in 2021, grows 4% in Q4 Crude throughput to rise 454,000 b/d in 2022: Platts Analytics Crude output rises 3% to hit 4 million b/d in Continue Reading
Indonesia may release additional 22 ships amid coal export ban
Highlights 34 ships already released for export Miners hope ban to be lifted for those meeting domestic market obligation Meeting to review Nov-Dec DMO fulfillment Jan. 18-20 Indonesia may release Continue Reading
Japan to explore 1.4 Tcf of recoverable gas reserves for 46.7 Bcf/year output
Gas shows indicate more than Japan’s total 1 Tcf recoverable gas reserves Estimated gas production equates to 1.2% of the country’s consumption Gas self-sufficiency rate seen rising to 3.4%, from Continue Reading
China Cuts Interest Rate as Growth Risks Worsen With Omicron
China’s central bank cut its key interest rate for the first time in almost two years to help bolster an economy that’s lost momentum because of a property slump and Continue Reading
China Home Market Slump Deepens as Prices Fall for Fourth Month
China’s home prices fell for a fourth consecutive month in December, as the credit crunch in the property sector showed little sign of easing. New home prices in 70 cities, Continue Reading
China’s Attempt To Kill The Oil Rally Is Bound To Fail
China’s recent announcement that it will release oil from its reserves has been largely ignored by oil markets A combination of a weak dollar, lower-than-expected OPEC+ production, supply issues in Continue Reading