3 d. ago Boom goes the deal? China’s Iran investments under fire, but Middle East beckons

Watching as missile bombardments threaten key shipping routes and blow up some of their trade deals in the Middle East, with Iran at the centre of the firestorm, Chinese exporters are feeling the heat. After finalising a deal with an Iranian buyer she met at China’s Canton Fair in April, Miya Yu, a trader of light industrial goods – valves, toys, aluminium containers, etc – collected the necessary materials to begin production and fill the order. Production never began. The contracted client...

Economics

4 d. ago China skirts U.S. sanctions as top buyer of Iranian oil — here's how, and why that's unlikely to change soon

China skirts U.S. sanctions as top buyer of Iranian oil — here's how, and why that's unlikely to change soon  NBC Los Angeles

Politics

5 d. ago Xi may skip Brics, Li Qiang’s speech at ‘Summer Davos’: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. In a first, Xi will miss Brics in Rio as Li leads China delegation: sources Chinese President Xi Jinping will not attend next week’s Brics summit in Rio de Janeiro, marking his first-ever absence from the gathering of leading emerging economies, the Post learned from multiple sources. 2. White House clarifies Trump’s comment on China buying Iranian oil US...

Politics

5 d. ago Beijing will take 'reasonable energy security measures' after Trump said China can buy Iranian oil

Beijing will take 'reasonable energy security measures' after Trump said China can buy Iranian oil  AWANI International

Politics

6 d. ago Trump says China can buy Iranian oil, but urges it to purchase US crude

Trump says China can buy Iranian oil, but urges it to purchase US crude  Reuters

Politics

6 d. ago Trump says China can buy Iranian oil, urges it to buy US crude

Trump says China can buy Iranian oil, urges it to buy US crude  Reuters

Politics

6 d. ago Global Oil Prices Plummet 5% After Trump Authorizes Iranian Exports to China

Global Oil Prices Plummet 5% After Trump Authorizes Iranian Exports to China  kurdistan24.net

Politics

6 d. ago Trump signals shift in policy, allows China to buy Iranian oil

Trump signals shift in policy, allows China to buy Iranian oil  Honolulu Star-Advertiser

Politics

6 d. ago White House clarifies Trump’s comment on China buying Iranian oil

US President Donald Trump’s declaration on Tuesday that China “can now continue” to buy Iranian oil did not signal a change in Washington’s policy on banning such trade, the White House said. Trump’s earlier comments about China-Iran oil trade were made to highlight the continuation of traffic through the Strait of Hormuz - a critical shipping lane that appeared threatened by the escalation of conflict in the Middle East following the US military’s air strikes on Iranian nuclear sites, according...

Politics

6 d. ago Donald Trump signals sanctions relief for China to buy Iran’s oil

Donald Trump signals sanctions relief for China to buy Iran’s oil  Financial Times

Politics

6 d. ago Trump declares China can purchase Iranian oil as market signals cautious optimism

Trump declares China can purchase Iranian oil as market signals cautious optimism  Fox Business

Politics

7 d. ago Teapots Pull Back: Iranian Oil Stocks Build as Discounts Deepen in China

Teapots Pull Back: Iranian Oil Stocks Build as Discounts Deepen in China  Pipeline and Gas Journal

Politics

7 d. ago US makes urgent request to China to stop Iranian retaliation that would affect the entire world

US makes urgent request to China to stop Iranian retaliation that would affect the entire world  LADbible

Politics

8 d. ago China condemns US strikes on Iran, calls for ceasefire and talks

China condemned the United States for its weekend attacks on Iranian nuclear sites, describing them as serious violations of international law. In a brief statement on Sunday night, the Chinese foreign ministry said the bombing of the facilities, which were under the supervision of the International Atomic Energy Agency, seriously violated the United Nations Charter and its principles. It called on all parties, especially Israel, to cease fire as soon as possible, ensure the safety of civilians...

Events

1 week ago Discounts deepen on Iranian oil in China as struggling teapots slow buying

Discounts deepen on Iranian oil in China as struggling teapots slow buying  Reuters

Politics

1 week ago China’s bet on Iranian oil and Middle East influence turns sour

China’s bet on Iranian oil and Middle East influence turns sour  Financial Times

Politics

2 w. ago Hanoi hangover: why North Korea’s Kim snubs Trump for Russia’s embrace

North Korea’s growing alignment with Russia is giving Kim Jong-un new diplomatic and economic latitude, analysts say, allowing him to harden his stance and making renewed talks with Donald Trump even less likely amid lingering distrust from their failed summit during the US president’s first term. Trump has signalled fresh interest in direct engagement with North Korea, with the White House confirming last week that “the president remains receptive to correspondence with Kim Jong-un” following...

Politics

2 w. ago ‘Personal insult’: why North Korea’s Kim doesn’t want another Trump summit

North Korea’s growing alignment with Russia is giving Kim Jong-un new diplomatic and economic latitude, analysts say, allowing him to harden his stance and making renewed talks with Donald Trump even less likely amid lingering distrust from their failed summit during the US president’s first term. Trump has signalled fresh interest in direct engagement with North Korea, with the White House confirming last week that “the president remains receptive to correspondence with Kim Jong-un” following...

Politics

2 w. ago ‘Any time, any place’: Philippine army to be deployed to South China Sea islands

A senior Philippine military official has revealed a soon-to-be-deployed strategy that would involve an army contingent to support law enforcement units on occupied islands in the South China Sea. Observers said the strategy would align with Manila’s policy shift from an internal to external defence posture aimed at protecting the country’s territorial waters. One expert, however, warned that it could lead to more aggressive moves by the Chinese navy and coastguard if Beijing were to view...

Politics