China

China’s petro-yuan oil contracts surge as US sanctions hit Iran
Chinese yuan-backed oil futures contracts hit their daily limit with a 5-percent spike on Tuesday as the US kicked off the first round of sanctions against Iran. Washington’s decision to withdraw from the Iran nuclear deal and target the country's oil sector with sanctions is expected to significantly boost China's leverage to [...]
Save
China cuts US investments by 92% amid escalating trade war
China cuts US investments by 92 percent this year amid escalating trade war. The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world's two largest economies. [...]
Save
How China is Emerging as the Leading Global Player in the Arab World
China is stepping up cooperation with the Arab world. The recent China-Arab States Cooperation Forum (CASCF) was aimed at deepening economic and security cooperation between Beijing and Arab countries of the Middle East and North Africa within the framework of the One Belt, One Road project, analysts told Sputnik. [...]
Save
Formation of China-India oil cartel threatening OPEC
When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying. “The timing is right. The boom in US oil and gas production gives us greater leve [...]
Save
China can hurt America in trade war six ways from Sunday
China can damage US economy in a full-scale trade war if it is willing to take the pain. The threat of a full-scale trade war between the US and China has dominated the news in recent weeks. The countries have exchanged import tariffs on each other's goods, and are threatening further protective steps. [...]
Save
Weaponizing the Debt: How Dumping of US Treasuries May Dethrone the Dollar
The White House's tough trade practices and sanctions policies may finally backfire on the US, prompting holders of US debt to dump American Treasuries. The move could have a serious impact on the decades-long leadership of the US dollar. Russia and China are dumping their US Treasury debt holdings amid Washington's sanctions an [...]
Save
China can substitute US oil with Iranian crude to ‘infuriate Trump’ – analyst
Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases of US oil may benefit Iran’s sales and anger Washington. “The Chinese may just replace some of the American oil with Iranian crude,” said John Driscoll, director of consultancy JTD Energ [...]
Save
US is pushing Russia, China, Iran together & cutting itself off from global trade – Jim Rogers
The United States is isolating itself from countries around the world, and making countries unite in a time of economic repression from Washington, prominent investor Jim Rogers says. “America is pushing China and Russia together, America’s pushing China and Iran together, pushing China, Iran, Russia all together, and that [...]
Save
Sick & tired of US foreign policy, Germany is pushed into the open arms of China
Germany has had enough of American foreign policy. Angela Merkel’s visits to Russia and China are a testament to that. On May 10, 2018, German Chancellor Angela Merkel openly said that Europe can no longer count on the United States to protect it, hinting that the European continent would begin to “take destiny into its own [...]
Save
China Better Economic Choice Than US for EU
The United Kingdom and the European Union face a critical choice about the direction of future trade policies with the rest of the world. Should the EU deepen its already heavy exposure to the US even as the country turns inward, or should it begin to diversify its trade relations toward a less familiar albeit increasingly prosp [...]
Save
Russia-China trade to continue booming while US faces risk of recession – expert
Bilateral trade between Russia and China has grown steadily and the positive trend will continue, according to Xu Sitao, chief economist with Deloitte, consulting in China. He warned US economy is facing risk of recession by 2020.  Xu said China has become the largest export market for Russia since 2017, accounting for roughly [...]
Save
Yuan oil contracts to strengthen China’s currency status to compete with US dollar – analyst
As more countries pay for oil in yuan, the standing of the Chinese currency in global finance has grown, an analyst tells RT. However, its future path won’t be completely smooth, he warns. “If people started to pay for oil in yuan, central banks would need to hold reserves in yuan, leading to a massive increase in the global [...]
Save
“Chinese Were Prepared, EU Companies Were Not” for US’ Iran Sanctions – Analyst
China’s state-owned energy giant CNPC is ready to replace French energy company Total’s stake in the Iranian South Pars gas project. In 2017, Total and CNPC signed a 20-year contract worth 4.8 billion dollars to develop Phase 11 of Iran’s South Pars field. Sputnik spoke with political analyst Tom McGregor about CNPC’s ac [...]
Save
EU States, Russia, China to Discuss New Iran Deal, Leaving US Sidelined – Report
According to Reuters' sources, the meeting will solely focus on the implementation issues and details of the Iran nuclear deal. Diplomats from Germany, France, Britain, led by senior EU diplomat Helga Schmid, and also from Russia and China, will be meeting in Vienna next week to discuss a new agreement with Iran similar to [...]
Save
Washington wants to drive wedge between Russia, China & Europe – analyst
The real goal behind recent US sanctions is to isolate Russia economically from Europe and Asia, according to an analyst interviewed by RT. “The most obvious reason for sanctions is to drive a wedge into the relationship between Russia and the European Union, between Russia and China, etc.” said TeleTradeBel analyst Mikhail [...]
Save
Admin

Tags

Accident Arms Army Austria China Clashes Conflict Crime Crimea Crisis Economy EU Europe Finance Germany Health History Human rights Information Technology Intelligence internet Iraq Law Mass media Military NATO Obama Opposition Police Politics Protest Putin Russia Sanctions Scandal Security Snowden Syria terrorism UK Ukraine USA video Violence war