Tag Archives: China

China in 2016 could bypass the U.S. and become the world’s largest importer of oil, predicts the Vice-President of the trading company Unipec Fulian Jun. Last year the volume of oil imports by China rose to 6.7 million barrels per day, while the U.S. has reduced imports in the conditions …

The decision of the people’s Bank of China on Friday set the yuan exchange rate against the dollar at maximum from the beginning of 2016 a mark, in addition, the Bank has poured into the financial system of the country’s 140 billion yuan (21,67 billion) through reverse REPO, the message …

Chinese developers have designed the world’s first smart car, which is connected to the Internet. Aibaba company and Shanghai Automotive Industry Corporation (SAIC), engaged in technical innovation, will present it to the public in April 2016, writes People’s Daily. About the new smart car, yet little is known: the machine …

Oil imports to China in February rose by 20 per cent in annual terms and reached a record volume for all time of observations. About it reports Reuters with a reference to the data of customs statistics. By the end of the month first place among oil exporters in the …

State China Central television “CCTV” has broadcast a documentary exposing the double standards of America in the field of protection of human rights. USA interfering in the internal Affairs of other countries, while many of their own problems remain unresolved. In the 45-minute film included media reports of America and …

The people’s Bank of China is preparing new rules that would allow banks to exchange outstanding loans to companies on their shares. The new rules will lead to a reduction in overdue loans in the banks, moreover, will help free up the funds needed to Finance major infrastructure projects and …

Created under the auspices of the China Alliance of Afghanistan, Pakistan and Tajikistan will become an alternative to the CSTO in the region   Photo: REUTERS/Omar Sobhani The formation of the political Alliance of Afghanistan, Pakistan and Tajikistan under the auspices of China has become one of the topics of …

A combination of factors, including slower economic growth and a gradual easing of restrictions on investments abroad, led to a rapid outflow of capital From the beginning of 2016 over global markets like a sword of Damocles hangs the prospect of a substantial devaluation of the yuan. There is little …

China in 2015 surpassed Germany in volume purchased from Russia of crude oil, thus becoming the largest importer of Russian black gold, reads the monthly report of the International energy Agency (IEA). “The date of the Maritime transport suggest that China imports more oil on EMBEDDED and at the end …

In the world there are so many wanting to see the “collapsed” China they quarrel among themselves, year after year, highlighting different scenarios for its collapse, says Dmitry Kosyrev, political commentator MIA “Russia today”. The world outside of China reacts in the final here in Beijing for the annual session …