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HomeChina

China

Rare Earth Minerals

Copper price back below $9,000 as Chinese demand disappoints

February 24, 2023 Mariel Alumit

​ The copper price fell on Friday as demand in China remained weak. Copper for delivery in May on the Comex market in New York touched $3.96 per pound ($8,712 per tonne), down 2.2% compared […]

China
Offshore

Venture Global and China Gas sign two LNG agreements

February 24, 2023 Mariel Alumit

US liquefied natural gas (LNG) export project developer Venture Global LNG and China Gas Hongda Energy Trading, a wholly-owned subsidiary of China Gas Holdings, have signed two 20-year LNG sales and purchase agreements (SPA). Illustration […]

Commodities

Who’s Winning And Losing The Economic War Over Ukraine?

February 24, 2023 Mariel Alumit

Authored by Medea Benjamin and Nicolas J. S. Davies via NakedCapitalism.com, With the Ukraine war now reaching its one-year mark on February 24, the Russians have not achieved a military victory but neither has the […]

No Picture
Uncategorized

Chairman Xi Plans Moscow Visit, Putin Suspends START Treaty, Maersk Exits Russia, Biden Talks Moldova, Planets Aligning for War

February 23, 2023 Mariel Alumit

First things first, history may not always repeat, but it always rhymes.  Secondly, history tells us that only two things have ever pulled what we now call “western nations” out of a collective economic depression; […]

Iraqi
Finance

Iraqi central bank to drop dollar for yuan in trade with China

February 23, 2023 Mariel Alumit

The Iraqi central bank announced on 22 February that, for the first time, it plans to allow trade from China to be settled directly in yuan instead of the US dollar to improve access to […]

Commodities

Crazy Optimism About China’s Economy – What markets will get hit the hardest? Energy or consumers?

February 23, 2023 Mariel Alumit

Authored by Gordon G. Chang via The Gatestone Institute, China’s propagandists tell us the Chinese economy this year will “accelerate to 4.8%.” Foreign analysts are even more bullish. Goldman Sachs estimates growth of gross domestic […]

Geopolitical

China Says Ready To “Join Forces With Russia” To “Defend National Interests” As Putin Confirms Xi Visit

February 22, 2023 Mariel Alumit

Despite all latest among Washington’s repeat warnings to Beijing against strategic or military cooperation with Moscow, China is now pledging to “join forces” with “like-minded” partner Russia to defend national interests. The statement came by […]

China
Crude Oil News

How China Became Saudi Arabia’s Largest Trading Partner

February 22, 2023 Mariel Alumit

Over the past two decades, the economic presence of China has been growing significantly around the world. The country has already surpassed the U.S. as the largest trading partner of developed nations such as Japan and the European […]

China
Crude Oil News

African, South American producers struggle as China purchases Russian oil

February 22, 2023 Mariel Alumit

(Bloomberg) – As China scoops up more and more discounted Russian oil, producers in Africa and South America are losing out. Angola is among the hardest hit at the moment, with daily oil exports to […]

US
Rare Earth Minerals

US only rare earths miner to bypass China in supply deal with Sumitomo

February 22, 2023 Mariel Alumit

​ US rare earths producer MP Materials (NYSE: MP) has inked a deal with Sumitomo Corp. to supply the Japanese giant with some key elements, such as neodymium and praseodymium, helping the trading house bypass China […]

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