WEEK IN REVIEW: China Increased Oil Imports in January and February Amid Middle East Tensions

China Iranian oil imports are increasingly listed as Indonesian crude as banks tighten checks on Malaysian-origin cargoes
An oil tanker leaves its berth from Longkou port in Yantai, China, on December 22, 2024. China Iranian oil imports are increasingly listed as Indonesian crude as banks tighten checks on Malaysian-origin cargoes (Photo by CFOTO / NurPhoto / NurPhoto via AFP)

Singapore appointed DBS Bank as its second RMB clearing facility, and is facilitating the secondary listing of Chinese companies, reforms aimed at boosting trade and investment with China. The changes will make it easier for Chinese firms to raise capital, settle RMB transactions, and list shares in Singapore. (SINGAPORE BUSINESS REVIEW)

China-Ghana trade reached a record $14.1 billion, underscoring the deepening economic ties between Beijing and the West African country. China remains Ghana’s largest trading partner, with cooperation expanding across infrastructure, mining, and industrial development. (GHANA NEWS AGENCY)

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