8 d. ago How India’s purchases of Russian oil are reshaping global energy trade

Western sanctions on Russia following its invasion of Ukraine have shifted global energy flows, with India and China emerging as prominent buyers of Russian oil. The question is no longer from whom New Delhi and Beijing will purchase energy, but in which currency they will pay. Amid warming ties between India and China following US President Donald Trump’s imposition of sweeping tariffs on Indian exports after New Delhi refused to stop purchasing Russian oil, Indian traders are reportedly asking...

Politics

8 d. ago Trump’s tariffs are pushing India closer to Russia and China

Western sanctions on Russia following its invasion of Ukraine have shifted global energy flows, with India and China emerging as prominent buyers of Russian oil. The question is no longer from whom New Delhi and Beijing will purchase energy, but in which currency they will pay. Amid warming ties between India and China following US President Donald Trump’s imposition of sweeping tariffs on Indian exports after New Delhi refused to stop purchasing Russian oil, Indian traders are reportedly asking...

Politics

1 week ago China's state iron ore buyer offers BHP cargoes for sale amid ban fears

China's state iron ore buyer offers BHP cargoes for sale amid ban fears  Yahoo Finance

Economics

1 week ago Petronas CEO’s F1 champagne shower, Kyoto hotel tax: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Trump team presses unlikely buyers to snap up US soybeans Shut out of China’s massive soybean market, the United States is pressing countries across Africa and Asia to step up purchases of American soybeans, as President Donald...

Economics

2 w. ago U.S. soybean farmers struggle without China as top buyer: WSJ (S_1:COM:Commodity)

U.S. soybean farmers struggle without China as top buyer: WSJ (S_1:COM:Commodity)  Seeking Alpha

Politics

2 w. ago Minnesota soybean farmers host Southeast Asia buyers as trade war with China persists

Minnesota soybean farmers host Southeast Asia buyers as trade war with China persists  Star Tribune

Events

2 w. ago US soybean farmers, deserted by big buyer China, scramble for other importers By Reuters

US soybean farmers, deserted by big buyer China, scramble for other importers By Reuters  Investing.com

Politics

3 w. ago From Buyer To Builder: How China Is Overcoming U.S. Semiconductor Sanctions

From Buyer To Builder: How China Is Overcoming U.S. Semiconductor Sanctions  Seeking Alpha

Politics

3 w. ago China’s state buyers buttress stock run with US$553 billion in holdings

China’s state buyers have emerged as one of the biggest groups of investors in the nation’s US$12 trillion stock market, underscoring how government support underpins the market’s bull run. Dubbed the national team and led by Central Huijin Investment, state buyers held a combined 3.94 trillion yuan (US$553.1 billion) of yuan-denominated stocks as of the end of June, surpassing the 3.07 trillion yuan held by foreign investors, according to data compiled by Huaxi Securities. State buyers’...

Economics

last month China’s rare earth magnet exports to the US decline amid trade war uncertainty

China’s exports of rare earth permanent magnets to the United States fell in August despite total shipments rising on the back of quicker approvals from Beijing. China shipped 6,146 tonnes of permanent magnets last month, up 10.2 per cent month on month and 15.4 per cent year on year, according to official customs data. That marked the highest monthly total since January, when exports reached 6,357 tonnes. The US, China’s second-largest buyer, imported 590 tonnes in August, down 5 per cent from...

Events

last month Nio Launches Subsidy Plan to Shield ES8 Buyers From China’s Tax Policy Changes

Nio Launches Subsidy Plan to Shield ES8 Buyers From China’s Tax Policy Changes  eletric-vehicles.com

Economics