Category: China-Middle East
Saudi Aramco’s Asia Cuts Hit China First
China is at the center of Saudi Aramco’s latest supply reshuffle after the kingdom cut crude allocations to Asian buyers for a second straight month in April. Aramco will supply only Arab Light crude exported from the Red Sea port of ...
China Warns of ‘Vicious Cycle’ Urging U.S., Israel to Stop Military Action in Middle East
China on Monday urged all parties involved in the Middle East conflict, particularly the U.S. and Israel, to cease military operations, warning of a "vicious cycle" in a war that analysts say if prolonged, could undermine global growth and weaken demand for Chinese exports.
China Finds a Way Through Hormuz Crisis as Others Stall
While the world anxiously awaits what happens when U.S. President Donald Trump's 48-hour deadline for Iran to reopen the Strait of Hormuz expires, Chinese energy shipments are steadily, albeit slowly, making the dangerous journey. Over the weekend, reports of two oil cargo ...
China Calls for End to War in Middle East, Warns of Economic Impact
By Joe Cash and Xiuhao Chen China called for an end to the war in the Middle East on Friday, warning of the impact on global energy, shipping and trade, with the nearly three-week-old conflict showing no sign of slowing.
Trump’s Mideast Muddle Could Play Into Xi’s Hands at Planned Summit
By Peter CATTERALL China will be in a stronger position to extract concessions from Donald Trump when the U.S. president finally visits Beijing after becoming entangled in his Middle East war, analysts say. Trump ...
Iran Conflict Could Flip China’s Deflation Into ‘Bad Inflation’
By Kevin Yao and Liangping Gao China's long fight with deflation risks morphing into something harsher, with economists warning the war in Iran could spark "bad inflation" at a time when chronically weak consumption and fading external demand ...
Chinese Foreign Minister Wang Yi’s UAE Meeting Underscores Beijing’s Priorities in the Gulf
China’s top diplomat Wang Yi met on Wednesday with the UAE president’s special envoy to China, in a move that highlights a critical, but often overlooked, reality: Beijing’s Middle East strategy is less about siding with Iran than it is about managing relationships with its important Gulf ...
CIA Says Iran Sought Intelligence Support From China
CIA Director John Ratcliffe told a U.S. Senate committee that Iran has sought intelligence-sharing support from China and Russia. “The Iranians are requesting intelligence assistance from Russia, from China, and from other adversaries of the United States, and whether or not ...
China to Give Humanitarian Assistance to Middle Eastern Countries
China will provide emergency humanitarian aid to Iran, Jordan, Lebanon, and Iraq in the wake of the United States and Israel’s attacks. Foreign Ministry spokesperson Lin Jian told reporters on Tuesday, “The ongoing conflict inflicted an excruciating humanitarian disaster on ...
Chinese Analysts Say the Iran Conflict May Leave China Better Positioned Than the United States
There was no media coverage in China on Monday about U.S. President Donald Trump's request that Beijing contribute military forces to a coalition to force Iran to reopen the Strait of Hormuz. This is not unusual, as it often takes a day or two for the government ...
China’s Leaders Project Stability Despite Middle East War
By Mary YANG China's leaders wrapped up nine days of annual legislative meetings in Beijing on Thursday, projecting an image of domestic stability seemingly unaffected by the war in key trading partner Iran. Officials ...
WEEK IN REVIEW: China Increased Oil Imports in January and February Amid Middle East Tensions
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.