Tag: Red Sea Port of Yanbu
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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 ...
Construction crews at work on the Nairobi Expressway on February 26, 2021, a project financed and constructed by the China Road and Bridge Corporation. Photo by SIMON MAINA / AFP
By Ding Fei As African cities experience some of the fastest urban growth rates in the world, China has become a major bilateral financier for urban infrastructure. From Nairobi’s elevated expressways to Lagos’s airport upgrades and Addis Ababa’s new riverside developments, Chinese-backed ...
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 ...