China | ForexMag

North Sea Brent crude oil was up 1.4 percent at around 5:45 p.m. CET to $84.65 a barrel. U.S. light crude West Texas Intermediate (WTI) gained 1.8 percent to hover slightly above $80.80 a barrel.

Economy

Oil prices rise as China tries to ease concerns about its...

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Oil prices are up more than a percent today after falling for three consecutive days. China's central bank is trying to boost...

Economy

Car sales in China fell for the second month in a...

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Interest was not raised even by discounts Passenger car sales in China fell 2.6 percent year-on-year to 1.79 million...

News

Meta launches text network Threads, wants to compete with Twitter

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Meta Platforms, which owns the social networks Facebook and Instagram, launched the text network Threads overnight. He wants to compete with Twitter with...

CNPC will also take an equity stake in Qatar's North Field East LNG expansion project. The stake is equivalent to five percent of one LNG train with a capacity of eight million tonnes per year.

News

Qatar concludes second major LNG supply deal with China

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Qatar has secured its second major liquefied natural gas (LNG) supply deal to China in less than a year. China National Petroleum...

china, chinese flag, Chinese import of goods

News

China faces biggest drop in business confidence in a decade

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In particular, Covid-19 and the fight against it are the main reasons why business confidence in China has fallen to its lowest...

The total amount of money that the Chinese government plans to allocate to support domestic semiconductor chip manufacturers is expected to reach more than one trillion yuan, or about $143 billion.

News

China is preparing a giant boost for domestic chipmakers. Responds to US...

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Up to a fifth of the cost should be reimbursed by the Chinese government to companies that expand their manufacturing and research...

Commodities

Oil is the cheapest since January this year. The price is being...

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The price of Brent crude oil has fallen within sight of the $80 per barrel mark. Black gold has thus been the cheapest...

"Today is an extremely important milestone for the Northeast Field project. The deal is to supply gas to China's Sinopec for the next 27 years," QatarEnergy chief Saad al-Kaabi told Reuters.

News

Qatar signs long-term contract to supply liquefied natural gas to China

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QatarEnergy and China's Sinopec have agreed to sign a 27-year contract to supply liquefied natural gas to the world's most populous country. The...

At the G20 summit in Indonesia, their presidents agreed to step up cooperation on the climate agenda.

News

Joe Biden and Xi Jinping agree to strengthen cooperation on climate...

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US President Joe Biden and his Chinese counterpart Xi Jinping agree to continue their cooperation in the fight against climate change. Both countries...

Economy

Chinese exports and imports unexpectedly fell. The risk of a global recession...

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October's Chinese foreign trade data caught experts by surprise. Both export and import volumes had unexpectedly fallen. In the case of imports, this is...