America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow. While oil has not been included on the list of bilateral tariffs, Chinese refiners have been staying away from buying crude from the US. [...]

Recent provocations in the South China Sea follow rising tensions between the US and China, but with rivalry expanding into the economic and political spheres, it seems Beijing is now encroaching on Russia's top-villain status. [...]

With the trade war between two world’s largest economies gaining momentum, there is a genuine risk that all Chinese goods imported by the US will be slammed with new tariffs, being a part of “administration-wide” broadside against China. [...]

In a speech to the United Nations Security Council, President Trump blamed China for meddling in US elections. On Twitter, the #resistance is furious he didn’t name the old boogeyman: Russia. [...]

One of the world’s longest gas pipelines – the Power of Siberia – which is being created to deliver natural gas from Russia to China, is almost complete. The sides are now getting ready to ink a contract on another major pipeline. Agreement on the Power of Siberia 2 or the ‘Western Route’ for the supply of Russian gas from the Far East to China might be signed in the first half of 2019, [...]

China has canceled the visit of its Navy commander to the US, in response to the sanctions imposed by Washington against Beijing over its military cooperation with Russia, the Chinese Ministry of National Defense said. On Thursday, the US State Department imposed sanctions against Beijing’s defense procurement agency, the Equipment Development Department (EED), for its “significant transaction [...]

China has hit back at US attempts to force it out of multiple billion-dollar arms deals with Russia, with a defense spokesperson stating that Washington has “no right to interfere” in the dealings of two sovereign states. Wu Qian’s comments come after the US State Department imposed sanctions on Thursday against Beijing’s defense procurement agency, the Equipment Development Department (EE [...]

Donald Trump has threatened to impose even more tariffs on Chinese goods if Beijing dares to impose tit-for-tat measures in response to Washington’s latest package of levies targeting some $200 billion of Chinese exports. [...]

MOSCOW/KUNMING China National Gold will invest about $420 million in the development of the Klyuchevskoye gold deposit in Russia; another $65 million will be invested by India's SUN Gold, the annual production volume is expected at about 6.5 metric tons of gold per year, the Russian Industry and Trade Ministry said. [...]

Former Google CEO Eric Schmidt predicts that the internet, as we know it, will split in two within the next decade, with one side led by China. However, Google seems okay with Chinese rule, once it gets to be involved. [...]

International rating agency Fitch has downgraded its 2019 global GDP forecast. The worsening trade conflict between Washington and Beijing is behind the decision, it said. According to Fitch, protectionist US trade policies have now reached the point where they are materially affecting what remains a strong global growth outlook. [...]

Beijing has threatened that Washington will face “consequences” if it doesn’t withdraw the recent batch of sanctions against China over military cooperation with Russia. China’s Foreign Ministry did not mince words, saying Washington should immediately correct its “mistakes” before it’s too late or face the consequences for the decision. [...]

In the first physical settlement of the Chinese yuan-denominated oil futures contract, five companies will deliver a total of 600,000 barrels of Middle Eastern crude grades to buyers of the September futures contract. [...]

The biggest holder of US Treasury bills, notes and bonds – China – has dropped $7.8 billion worth of US sovereign debt as a large-scale trade conflict, launched by Washington earlier this year, breaks new ground. The latest statistics released by the US Treasury Department showed that China’s share of US sovereign bonds hit a six month low of $1.171 trillion in July, from $1.178 trillion in [...]

Plans for a nuclear war devised by the US Army in the 1960s considered decimating the Soviet Union and China by destroying their industrial potential and wiping out the bulk of their populations, newly declassified documents show. [...]

In August, China has marked the 10th anniversary of its high-speed railway endeavors. Speaking to Sputnik, Tom McGregor, a Beijing-based CCTV commentator and editor, explained how the country's bullet trains are bringing the nation together and facilitating China's economic growth regardless of the US tariff spree. [...]

Ankara has given a green light to Moscow’s proposal to switch to ruble-lira trade between the countries. Turkey also has similar plans for trade with China and other countries. “We are discussing the transition to national currencies not only with Russia and China, but also with other countries. It is not just Turkey's request. [...]

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 demand crude imports be priced in yuan. [...]

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. [...]

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. [...]

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 leverage against OPEC,” the Times of India quoted an Indian official as [...]

Washington's withdrawal from the UN Human Rights Council has been met with international condemnation, with even close NATO allies from Europe describing the decision as regrettable. US envoy to the UN Nikki Haley announced the decision to quit the United Nations Human Rights Council (UNHRC) on Tuesday, dismissing the international body as a "protector of human rights abusers and a cesspool of pol [...]