China Looking to Reduce Social Cost of Covid Zero, Official Says
China is looking for ways to reduce the “social costs” of its strict Covid Zero strategy, an official said on Thursday, in a sign that Beijing is looking to adjust Continue Reading
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
Asian buyers grapple for wheat supply amid Russia-Ukraine conflict
CBH addresses logistical bottlenecks in view of demand surge Asian buyers hunting to secure wheat in fear of supply shortage Tight balance sheet to drive forward purchases Global wheat prices 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
Oil prices, not Russian trade flows, a bigger worry for India
Highlights High flat crude prices to create inflationary pressure: Platts Analytics Search for answers if SWIFT would work for legitimate Russian oil trades SPR crude an option if global prices Continue Reading
Two years after world’s biggest lockdown, India surges back to normal life
Almost two years after India went into the world’s biggest lockdown to slow the spread of COVID-19, students headed back to school in Maharashtra state on Wednesday, a sign of Continue Reading