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China and U.S. announce joint statement on trade and tariffs

Guangzhou (JLC), May 12, 2025--China and the United States announced on Monday a joint statement to ease trade tensions between the world's two largest economies.

05-12-2025 16:34:06

China records plunge in trade with U.S. in April 2025

Guangzhou (JLC), May 9, 2025--China recorded a year-on-year plunge in its trade with the United States (U.S.) in April 2025, after both countries imposed additional tariffs against each other.

05-09-2025 18:48:15

China to cut reserve requirement ratio, policy rate

Guangzhou (JLC), May 7, 2025--China's central bank on Wednesday announced a package of measures to further implement the moderately loose monetary policy and promote the high-quality development of th

05-07-2025 14:09:48

CNOOC's net profit drops 7.9% in Q1 2025

Guangzhou (JLC), April 30, 2025--CNOOC's net profit fell by 7.9% year on year in the first quarter (Q1) of 2025 amid lower oil prices, according to the company's quarterly report released on April 29.

04-30-2025 18:51:59

PetroChina's net profit grows 2.3% in Q1 2025

Guangzhou (JLC), April 30, 2025--PetroChina's net profit attributable to its equity shareholders rose by 2.3% year on year in the first quarter (Q1) of 2025.

04-30-2025 18:46:06

Sinopec's net profit plunges 27.6% in Q1 2025

Guangzhou (JLC), April 29, 2025--Sinopec's net profit attributable to its shareholders slumped by 27.6% year on year in the first quarter (Q1) of 2025 when oil product demand dropped.

04-29-2025 15:24:04

Kuwait's PIC acquires 25% stake in Wanhua Chemical's subsidiary

Guangzhou (JLC), April 28, 2025--Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Corporation (KPC), and Wanhua Chemical Group signed an agreement on April 25.

04-28-2025 18:48:00

China's industrial profits grow 0.8% in Q1 2025

Guangzhou (JLC), April 27, 2025--Profits of China's major industrial firms increased 0.8% year on year in the first quarter (Q1) of 2025, reversing a 0.3% decrease in the first two months, data from t

04-27-2025 14:31:58

China introduces new bunker fuel policies for FTZs

Guangzhou (JLC), April 23, 2025--China has introduced a series of new policies to systematically promote the development of FTZs, with two policies related to the bunker fuel market, according to the

04-23-2025 15:45:02

China's GDP grows 5.4% in Q1 2025

Guangzhou (JLC), April 16, 2025--China's gross domestic product (GDP) expanded by 5.4% year on year in the first quarter (Q1) of 2025, according to the latest data released by the NBS.

04-16-2025 16:37:21

What does China’s energy market face amid escalating trade war?

Guangzhou (JLC), April 11, 2025--As the trade war between the United States (U.S.) and China keeps escalating, more attention has been drawn to the Chinese market. What does its energy market face?

04-11-2025 18:50:22

China's CPI and PPI both drop in March

Guangzhou (JLC), April 10, 2025--China's consumer price index (CPI), a main gauge of inflation, fell 0.1% year on year in March, slowing from a 0.7% decline in February, data from the National Bureau

04-10-2025 17:41:04

Sinopec and Aramco sign CFA to expand YASREF

Guangzhou (JLC), April 9, 2025--Sinopec and Saudi Aramco signed a cooperative framework agreement (CFA) regarding the expansion project of the Yanbu Aramco Sinopec Refining Company on April 8.

04-09-2025 18:09:16

China to impose additional 34% tariff on all goods from U.S.

Guangzhou (JLC), April 4, 2025--China will impose an additional 34% tariff on all the goods imported from the U.S., effective from April 10, in response to the additional tariff imposed by the U.S.

04-04-2025 21:15:22

China's industrial profits down 0.3% in first two months

Guangzhou (JLC), March 27, 2025--Profits of China's major industrial firms decreased 0.3% year on year in the first two months of 2025, data from the National Bureau of Statistics (NBS) showed Thursda

03-27-2025 14:42:31

Sinopec's net profit slumps 16.8% in 2024

Guangzhou (JLC), March 24, 2025--Sinopec's net profit attributable to its shareholders plunged by 16.8% in 2024, mainly due to decreasing prices of most products and shrinking sales of some products.

03-24-2025 16:24:31

China sees stable economic growth in first two months

Guangzhou (JLC), March 17, 2025--China achieved steady economic growth in the first two months of 2025, with key indicators improving, according to data from the National Bureau of Statistics (NBS).

03-17-2025 18:18:58

Key index reveals rising infrastructure investment in China

Guangzhou (JLC), March 14, 2025 -- China's construction machinery operation rate climbed to 37.38% in the first two months of 2025, up 2.91 percentage points year on year.

03-14-2025 14:37:56

China's foreign trade largely steady in first two months of 2025

Guangzhou (JLC), March 7, 2025--China’s foreign trade was largely steady in the first two months of 2025, with the total goods trade volume reaching 6.54 trillion yuan.

03-07-2025 17:03:11

China unveils resilient growth target with strong policy support

Guangzhou (JLC), March 6, 2025--China has set an economic growth target of around 5 percent for 2025, reflecting a sound economic outlook despite increasing global uncertainties.

03-06-2025 18:44:55

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