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  • China in the Region
    China’s Belt and Road Leaves Kenya With a Railroad to Nowhere

    Chinese state media repeatedly used the Mombasa-Nairobi Standard Gauge Railway (SGR) project as a showcase for President Xi Jinping’s Belt and Road Initiative. But with concerns rising globally that Belt and Road was loading poorer nations with unsustainable debt, Xi signaled in April that Beijing would exert more control over projects and tighten oversight.

  • Saudi-China
    Saudi Arabia defends letter backing China’s Xinjiang policy

    Saudi Arabia on Thursday defended signing a letter along with 36 other countries in support of China’s policies in its western region of Xinjiang, where the United Nations says at least 1 million ethnic Uighurs and other Muslims have been detained.

  • Oil Markets
    Oil prices edge lower on demand concerns as China’s economy slows

    Oil prices edged lower on Monday because of concerns over lower demand, despite Opec and its allies extending their production cut pact and rising tensions in the Middle East following Iran’s alleged attempt to impede a British tanker in the Strait of Hormuz last week.

  • China
    China’s economic growth slumps to 27-year low amid Trump trade war

    It's an indication that China is feeling the effects of a prolonged trade war with President Trump's administration. The data shows the Chinese government’s strategy to stimulate the economy by cutting 2 trillion yuan ($291 billion) in taxes and fees is falling short, the Wall Street Journal notes.

  • Iraq
    China’s state construction giant sees more energy projects in Iraq

    China State Engineering Corp (601668.SS) sees more opportunities for oil projects in Iraq and is interested in expanding into Saudi Arabia and neighboring Gulf state Oman, a company executive said. The company’s Middle East entity, headquartered in the United Arab Emirates, operates in six Gulf Arab states and Iraq. It has sent teams to Syria in the past.

  • Saudi Aramco
    China’s Sinopec signs pipeline contract with Saudi Aramco for Marjan oilfield

    China’s Sinopec Group on Thursday said its Sinopec Engineering Incorporation subsidiary had signed a contract to work on two pipeline projects at Saudi Aramco’s Marjan oilfield in Saudi Arabia

  • U.S.-China
    Stock futures jump after U.S.-China trade ceasefire

    July’s first trading day has historically been the most bullish first day of all 12 months of the year, according to data compiled by the Almanac Trader. In the past 21 years, the S&P 500 has risen 85.7% of the time on the first day of trading in July, with an average gain of 0.42%.

  • U.S.-China
    US and China agree tentative trade war truce before G20 summit

    Since the trade war started nearly a year ago, Trump has imposed 25 per cent tariffs on US$250 billion worth of Chinese goods.

  • ACWA Power
    China’s Silk Road scoops up 49% stake in ACWA Power holding

    The agreement sees China take a closer interest in renewables across the Middle East, an area at the epicentre of the Belt and Road infrastructure corridor Beijing is fostering all the way to Spain. Deploying from a US$40 billion capital pool, the Silk Road Fund was created specifically to channel equity and debt towards energy and transport projects under the initiative.

  • Iran Sanctions
    China Buying Iran LPG Despite Sanctions, Ship-Tracking Shows

    Based on ship-tracking data, the Paris-based data intelligence firm estimates that at least five supertankers loaded Iranian LPG in May and June that was destined for China. That would equate to around $100 million of the gas, according to Bloomberg calculations.