china Archive

  • China's July crude oil import data just released 23 Aug Russia top of the pile for 5th month. - from Saudi Arabia down 0.8% yy at 940k bpd - from Iran up +0.45% yy at 568,720 bpd Xi and Putin sitting in a tree. K.I.S.S.I.N.G lol

    China’s July crude oil imports from Russia up +54% yy at 1.17mln bpd

    China's July crude oil import data just released 23 Aug Russia top of the pile for 5th month. - from Saudi Arabia down 0.8% yy at 940k bpd - from Iran up +0.45% yy at 568,720 bpd Xi and Putin sitting in a tree. K.I.S.S.I.N.G lol
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  • China's Jan-July trade report now out 23 Aug - USD 1.97bln Seems they won't be rushing to bite the hand that feeds just yet but small beer compared to China's trade with other partners.

    China’s Jan-July exports to North Korea up +32.5% yy

    China's Jan-July trade report now out 23 Aug - USD 1.97bln Seems they won't be rushing to bite the hand that feeds just yet but small beer compared to China's trade with other partners.
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  • Bloomberg with a piece on China's robot revolution in replacing skilled workers China is installing more robots than any other nation, and that may affect every other nation. But fear not, the article goes on to say .

    China’s robot army beginning its march

    Bloomberg with a piece on China's robot revolution in replacing skilled workers China is installing more robots than any other nation, and that may affect every other nation. But fear not, the article goes on to say .
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  • Some Chinese media, these headlines via Bloomberg: - Financial News says China should move forward on State Company deleveraging And - Business Herald citing a State researcher saying growth may exceed target this fiscal year

    China press today, pieces on MOAR growth & MOAR deleveraging

    Some Chinese media, these headlines via Bloomberg: - Financial News says China should move forward on State Company deleveraging And - Business Herald citing a State researcher saying growth may exceed target this fiscal year
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  • When we think of the largest motorcycle manufacturers, we might think of Harley-Davidson or Honda. But in the global perspective, these two are just a drop in the bucket compared to motorcycle production in other parts of the world. New Atlas reports that the new largest motorcycle-producing country in the world isn't the U.S., Japan, or even China, but an unexpected source: India. According to New Atlas, around 500,000 motorcycles are sold in America each year...while India sold 17.59 million motorcycles in the 2016-2017 financial year. Of course, the Indian motorcycle market is very different than America's. The vast majority of India's domestic market motorcycles have tiny engines, less than 125 cubic centimeters in displacement. Of the 10 most popular motorcycles in India, only one has an engine larger than that: the Royal Enfield 350 Classic.Though Royal Enfield was originally the name of the rifle that Britain used to keep the peace in their former colony, India ..

    India Replaces China as World’s Biggest Motorcycle-Building Nation

    When we think of the largest motorcycle manufacturers, we might think of Harley-Davidson or Honda. But in the global perspective, these two are just a drop in the bucket compared to motorcycle production in other parts of the world. New Atlas reports that the new largest motorcycle-producing country in the world isn't the U.S., Japan, or even China, but an unexpected source: India. According to New Atlas, around 500,000 motorcycles are sold in America each year...while India sold 17.59 million motorcycles in the 2016-2017 financial year. Of course, the Indian motorcycle market is very different than America's. The vast majority of India's domestic market motorcycles have tiny engines, less than 125 cubic centimeters in displacement. Of the 10 most popular motorcycles in India, only one has an engine larger than that: the Royal Enfield 350 Classic.Though Royal Enfield was originally the name of the rifle that Britain used to keep the peace in their former colony, India ..
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  • Ford and China's Anhui Zotye Automobile Co. Ltd. signed a memorandum of understanding to build electric cars in China. The document calls for the creation of a 50/50 joint venture to manufacture electric cars in the world's largest new car market, and sell them under a Chinese brand name.The move shows Ford's commitment to both the Chinese market and electric vehicles. In a press release, the Blue Oval said it expects the market for so-called "new energy vehicles" in China will reach 6 million units annually by 2025, including 4 million all-electric cars. ("New energy vehicles" is a term coined by the Chinese government that includes all-electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles.) The Chinese government began incentivizing new energy vehicles several years ago to combat horrific air pollution, but sales have only really picked up over the past couple of years. A large chunk of the those sales have been plug-in hybrids that, due to China's lim..

    Ford Teaming Up With China’s Zotye Auto to Build Electric Cars

    Ford and China's Anhui Zotye Automobile Co. Ltd. signed a memorandum of understanding to build electric cars in China. The document calls for the creation of a 50/50 joint venture to manufacture electric cars in the world's largest new car market, and sell them under a Chinese brand name.The move shows Ford's commitment to both the Chinese market and electric vehicles. In a press release, the Blue Oval said it expects the market for so-called "new energy vehicles" in China will reach 6 million units annually by 2025, including 4 million all-electric cars. ("New energy vehicles" is a term coined by the Chinese government that includes all-electric cars, plug-in hybrids, and hydrogen fuel-cell vehicles.) The Chinese government began incentivizing new energy vehicles several years ago to combat horrific air pollution, but sales have only really picked up over the past couple of years. A large chunk of the those sales have been plug-in hybrids that, due to China's lim..
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  • New sanctions against 10 companies and 6 individuals Earlier today, the US announced sanctions against 10 companies and 6 individuals (China and Russia). The goal is to put more economic pressure on them to persuade a taming of the risks from N. Korea.

    Geopolitical: China urges US to immediately correct its mistake on sanctions

    New sanctions against 10 companies and 6 individuals Earlier today, the US announced sanctions against 10 companies and 6 individuals (China and Russia). The goal is to put more economic pressure on them to persuade a taming of the risks from N. Korea.
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  • Ford Motor Co. is preparing to set up a joint venture with Chinese automaker Anhui Zotye Automobile Co. to manufacture all-electric vehicles for China. The two sides signed a memorandum of understanding Tuesday to explore a 50-50 joint venture to produce, market and service a new line of EVs, officials said. Any vehicles would be sold under an indigenous brand. Ford said it would unveil more details about the brand name and products later. "The potential to launch a new line of all-electric vehicles in the world's largest auto market is an exciting next step for Ford in China," Peter Fleet, Ford group vice president and president, Ford Asia Pacific, said in a statement. "Electric vehicles will be a big part of the future in China and Ford wants to lead in delivering great solutions to customers." Zotye has sold more than 16,000 all-electric vehicles through July this year, representing 56 percent growth year-over-year. Ford has been bullish on electrification in China. It expe..

    Ford to set up JV in China to make all-electric vehicles

    Ford Motor Co. is preparing to set up a joint venture with Chinese automaker Anhui Zotye Automobile Co. to manufacture all-electric vehicles for China. The two sides signed a memorandum of understanding Tuesday to explore a 50-50 joint venture to produce, market and service a new line of EVs, officials said. Any vehicles would be sold under an indigenous brand. Ford said it would unveil more details about the brand name and products later. "The potential to launch a new line of all-electric vehicles in the world's largest auto market is an exciting next step for Ford in China," Peter Fleet, Ford group vice president and president, Ford Asia Pacific, said in a statement. "Electric vehicles will be a big part of the future in China and Ford wants to lead in delivering great solutions to customers." Zotye has sold more than 16,000 all-electric vehicles through July this year, representing 56 percent growth year-over-year. Ford has been bullish on electrification in China. It expe..
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  • Sanctions 10 companies and 6 individuals US is going after China based companies in a way to put pressure on China to help with N. Korea. The targeted activities are companies and individuals who support N. Korea's nuclear and ballistic missile program.

    New US sanctions against China and Russia

    Sanctions 10 companies and 6 individuals US is going after China based companies in a way to put pressure on China to help with N. Korea. The targeted activities are companies and individuals who support N. Korea's nuclear and ballistic missile program.
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  • China's Great Wall Motor told Automotive News it is interested in buying the Jeep brand and has reached out to FCA to see whether a deal can be negotiated.

    China’s Great Wall sets sights on Jeep

    China's Great Wall Motor told Automotive News it is interested in buying the Jeep brand and has reached out to FCA to see whether a deal can be negotiated.
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