China needs ‘explosive’ buying to meet import target
BEIJING/CHICAGO (Reuters) - With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but…
Russia claims Number One spot In LNG Exports To China
Russia exported more LNG to China in June than the United States did, at 396,000 tons versus 340,000 tons, Russia’s Sputnik reports, citing data first quoted by Bloomberg. According to the…
China: $56 Billion Worth Of Pipelines sold
Chinese state-owned oil and gas majors have sold pipeline networks worth a total $56 billion as part of a government plan to restructure the nation's energy industry by setting up…
China’s resource claims in South China Sea rejected
WASHINGTON (Reuters) - The United States on Monday rejected China’s disputed claims to offshore resources in most of the South China Sea, a move that may further sour the fraught…
Beijing concerned about India’s ban on Chinese apps
Hong Kong/London (CNN Business)Beijing is pushing back on a decision by India to ban dozens of Chinese mobile apps as tensions between the world's most populous countries continue to rise. Zhao Lijian,…
China: State media inform citizens to buy stocks
Strategists say two factors are helping give legs to the global stock market’s Monday morning surge - bullishness about China and the view that central banks will backstop markets. A…
Chinese imports stalled in India amid border row
NEW DELHI - As tensions remain high along the India-China border, a fallout of the border row appears to be Chinese imports being stuck at ports and airports across India where they…
Collaboration between CGG GeoSoftware and Alibaba Cloud to support the E&P industry
PARIS - CGG GeoSoftware has collaborated with Alibaba Cloud to successfully deploy its suite of proprietary geoscience software solutions on the Alibaba Cloud platform. All applications across the entire GeoSoftware…
Storing a large amount of oil at sea, here are China’s plans
New York (CNN Business)China bought so much foreign oil at dirt-cheap prices this spring that a massive traffic jam of tankers has formed at sea waiting to offload crude. As of June…
China’s Second COVID Wave Could Flip Crude Recovery
As the world’s largest net importer of crude oil and other liquids since September 2013, any significant variation in Chinese demand for oil resonates quickly and profoundly in global oil…