The trade talks between China and the US might be moving into the right direction, but tensions on other issues are abundant, for example on US demands to stop importing oil from Iran. Professor Sara Hsu explains why China will not comply with the demands of the US.
Category Archives: oil
State moloch CITIC moved in to pick up 49% of Czech assets from CEFC Europe, owned by tycoon Ye Jianming. It is part of a trend, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the South China Morning Post, as state firms are easier to control by China’s central government and expand its policies abroad.
Saudi Arabia’s King Salman bin Abdulaziz Al Saud met with Chinese President Xi Jinping seeking investments to move his country away from its oil addiction. But that might be in vain, says Beida business professor Jeffrey Towson, and former employee of Prince Alwaleed in the Kingdom of Saudi Arabia(KSA), on his weblog. He lists three reasons, and this is one.