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HomeChina

China

EU
Electric Vehicles

EU lowers tariffs on China-made EVs, signals softening trade stance

August 20, 2024 Mariel Alumit

  The European Commission lowered its proposed tariffs on China-made electric vehicles (EVs) on Tuesday (20 August) and offered one of the clearest signals yet that it was open to resolving the long-running trade dispute […]

Oil
Finance

Oil falls by more than $2 a barrel on Gaza ceasefire talks and weak Chinese economy

August 19, 2024 Mariel Alumit

NEW YORK, Aug 19 (Reuters) – Oil prices fell by more than $2 a barrel Monday on the prospect of successful Middle Eastern peace talks reducing supply risks, while leading oil importer China’s economic weakness […]

WTI
Downstream

WTI Sheds Nearly 3% as China Demand Dulls

August 19, 2024 Mariel Alumit

Weak Chinese demand indicators continued to drag oil prices down on Monday, with the U.S. benchmark poised to lose nearly 3% and Brent crude not far behind. At 2:46 p.m. ET on Monday, West Texas Intermediate (WTI) […]

Stock
Finance

China Obscures Stock Market Fund Flows by Foreign Investors: Another Effort to Prop Up the Relentless Long-Term Money Pit

August 19, 2024 Stu Turley

By Wolf Richter for WOLF STREET. Starting today, China’s stock exchanges stopped releasing daily data on fund flows from overseas investors. Fund flows are a key sentiment indicator, and the sentiment of foreign investors has been morose as […]

Dapeng
International News

China’s Dapeng LNG terminal hits new milestone

August 19, 2024 Stu Turley

CNOOC Gas & Power, a unit of CNOOC, said in a statement that the GDLNG terminal has on August 9 received a milestone LNG cargo onboard a Dapeng series LNG carrier. The 2008-built 147,210-cbm, Dapeng […]

China’s LNG imports
Imports

China’s LNG imports slightly up in July

August 19, 2024 Mariel Alumit

Data from the General Administration of Customs shows that the country received 5.90 million tonnes during the last month, up 1.1 percent year-on-year. During January-July, China imported 43.83 million tonnes of LNG, a rise of […]

EU universities
Press

EU universities outnumber China, US in overall 2024 Shanghai ranking, pale in top 50

August 18, 2024 Stu Turley

  Eight EU universities made it into the top 50 of the Shanghai 2024 University Ranking, with Paris-Saclay achieving the highest score among EU universities, which, despite being the most numerous in the overall ranking […]

mpox
International News

China to screen arrivals for mpox

August 17, 2024 Stu Turley

Chinese authorities have started monitoring people and goods entering the country for mpox, formerly known as monkeypox, the General Administration of Customs (GAC) said on Friday. The new measures will remain in force for six […]

Coal

Week Recap: Net Zero, Oil Efficiency, and Global Trade Tensions

August 17, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Politicians Backing Net Zero Working Hard To Make Gas Prices Much Higher August 10, 2024 Stu Turley The only way for ‘net zero’ politicians like Kamala Harris to eliminate gasoline is […]

Crude Oil News

Chinese oil company reveals loss of Utah drilling rights years afterward

August 16, 2024 Mariel Alumit

HONG KONG — A Hong Kong-listed Chinese oil company has disclosed that it lost the bulk of its oil and gas rights in the U.S., with the announcement coming years after the contracts were terminated. […]

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