Beijing has failed to convince the West of its self-proclaimed neutrality on the Ukraine war, as political winds shift rapidly
President Joe Biden will talk to Indian leader Narendra Modi on Monday, at a time when the US has made clear it does not want to see a big uptick in Russian energy imports by India
Japan's Industry minister Koichi Hagiuda said the country will aim over time to end coal imports from Russia, as finding immediate alternative suppliers will be difficult
State-run Sinopec, CNOOC, PetroChina and Sinochem have stayed on the sidelines in trading fresh Russian cargoes for May loading
Ukraine conflict has knocked 2.8% off world trade over last two months. And the Kiel Trade Indicator says China trade faces 'stagnation', due to the Covid lockdown in Shanghai
Russia is turning to microchip manufacturers in China to circumvent western sanctions which have boosted demand for bank cards linked to Mir payment system, a payment card executive said.
The bloc's combined economy is projected to expand 5.2% this year, the ADB said in a report, down slightly from 5.3% forecast in December
Washington-based lender says it expects 2022 growth in developing East Asia and the Pacific, which includes China, to expand 5%, down from its 5.4% forecast in October
Saudi Arabia, UAE and Qatar—key members of the Organization of the Petroleum Exporting Countries—have remained hesitant to increase oil and gas exports
The Biden administration sanctioned a gamut of entities, including Singapore's Alexsong, that reportedly helped Russia evade curbs
Move would mark the third time the US has tapped strategic reserves in six months, and would be the largest release in the near 50-year history of the reserve system
China's largest banks have said lenders face multiple headwinds this year that include the pandemic and global politics