China'.s crude oil imports from Iran hit a five-year high in April at 792.380 b d or 3.24 million mt. before the expiry of US sanction waivers for Iranian oil May 2. data released Sunday by the General Administration of Customs showed.
Read More »Russian-China Relations are Warming the Arctic
Following this month’s fractious meeting of the Arctic Council in Finland. China convened an Arctic conference of its own in Shanghai at which it showcased the cooperation that had been in short supply at the earlier Arctic summit.
Read More »Chinese Crude Imports from Saudi Arabia Rose 43% in April
Imports of Russian crude to China stood at 1.49 million bpd – up from 1.35 bpd in April last year.
Read More »The US Tariffs on China Have Been Paid Almost Entirely by US Importers
The IMF study says tariff revenue collected from levies on Chinese goods has been borne almost entirely by U.S. importers
Read More »China Using Freon Gas Violating Intl. Agreement in Destruction of Ozone Layer
This could create setbacks in international efforts to restore the ozone layer to its 1980s level by 2050.
Read More »China’s Crude Oil Imports from Saudi Arabia Rise 43% in April
China in April imported 3.24 million tons of crude oil from Iran. or 789.137 bpd. up from March’s 541.100 bpd.
Read More »Any Yuan Bears Will Suffer Heavy Losses
The yuan has lost more than 2.5% against the dollar since the festering China-U.S. trade dispute intensified earlier this month.
Read More »US Mulls Blacklisting Chinese Video Surveillance Maker Amid Trade War
The US administration is considering imposing limits on Chinese video surveillance system maker Hikvision in the latest attempt to counter China'.s economic expansion. The New York Times report reported. citing sources familiar with the matter.
Read More »America Struggles to Keep Its Leadership on the Global Nuclear Power Market
In the U.S.. nuclear power plants come under pressure from competition from low natural gas prices.
Read More »Chinese Dump iPhones. Switch to Domestic Huawei Devices Amid US Crackdown
A growing number of former Apple devotees in China started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing.
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