Latest News, Updates & Breaking Headlines
With a sanctions waiver in place, India has in the last two months aggressively stepped up purchases of Russian crude oil. (AI image) In a U-turn on its earlier decision, the Donald Trump administration has extended the sanctions waiver on purchase of Russian crude oil at sea. The move comes two days after the earlier…
The risk for Chinese economy is that strong exports may no longer be enough to offset weakness at home. Driving the newsChina’s economy has unexpectedly staggered into the second quarter. Factories slowed, consumers pulled back and investment unexpectedly shrank, delivering one of the clearest signs yet that Beijing’s recovery is being squeezed from both sides:…
Russian President Vladimir Putin will travel to China on May 19 for a two-day visit, shortly after US President Donald Trump concluded his high-profile trip to Beijing, the Kremlin announced on Saturday.According to a Kremlin statement, Putin will hold talks with Chinese President Xi Jinping on ways to “further strengthen the comprehensive partnership and strategic…
US president Donald Trump on Friday praised Chinese president Xi Jinping, saying “you wouldn’t find a guy like him in Hollywood” as he lauded Xi’s leadership and global stature. Trump described the Chinese leader as a respected figure who has governed nearly 1.5 billion people for a long time.Speaking about Xi, Trump also referred to…
China’s rare earth exports were valued at $64.2 million in April 2026, according to preliminary trade data released by the General Administration of Customs of the People’s Republic of China (GACC), ANI reported.The customs data showed that China exported 5,308.6 tonnes of rare earths during the month.China’s overall exports rose 12 per cent month-on-month in…
Defence minister Rajnath Singh with his Chinese counterpart Admiral Dong Jun Defence minister Rajnath Singh on Tuesday held a meeting with his Chinese counterpart Admiral Dong Jun on the sidelines of Shanghai Cooperation Organisation (SCO) defence ministers’ meeting in Bishkek.In a post on X, he said, “It was a pleasure to interact with the Defence…
The last meeting between US President Donald Trump and Chinese President Xi Jinping ended on a positive note. Trump had rated the summit a “12 out of 10”, and White House said China would “effectively eliminate” rare earth export controls and stop retaliatory actions against American firms.However, recent developments suggest that Beijing has altered its…
The closure of the Strait of Hormuz has once again put the spotlight on the global dependence on maritime trade. The closure of the critical waterway has restricted access to 20% of the global hydrocarbon trade, causing turmoil in the global energy market.The closure of the strait has now become a key point of contention…
Hengli represents a far more significant target. It is one of China’s most advanced private refiners. (AI image) The Donald Trump administration’s step to sanction one of China’s largest privately owned refiners over its links to Iran will have implications beyond oil! China has for years remained the largest buyer of Iranian crude, much of…
The United States has imposed fresh sanctions on a major China-based oil refinery and around 40 shipping companies and tankers linked to Iranian oil transport, escalating its campaign to choke Tehran’s key revenue stream.The move, announced on Friday, targets what Washington describes as an extensive “shadow network” used to move Iranian crude to global markets.It…
