China target another pot of gold in Jakarta

By Michael Church HONG KONG, Aug 15 : As the 10th anniversary of the 2008 Beijing Olympics ticks by, China will seek to maintain their sporting pre-eminence at the Jakarta Asian Games and top the medal table for a 10th time in succession. Since the 1982 Games in New Dehli, Chinese athletes have consistently outshone […]

Chinese oil importers shun U.S. crude despite tariff reversal

By Jessica Jaganathan and Chen Aizhu SINGAPORE/BEIJING, Aug 15 : Chinese oil importers are shying away from buying U.S. crude as they fear Beijing’s decision to exclude the commodity from its tariff list in a trade dispute between the world’s biggest economies may only be temporary. Not a single tanker has loaded crude oil from […]

Brazil’s farmers dump sugar for soy as trade war boosts Chinese demand

By Marcelo Teixeira ITA?, Brazil, Aug 14 : Last year, Brazilian farmer Gustavo Lopes sized up his sugarcane plantation against his soybean fields. He looked at global trends, including rising U.S.-China trade tensions and a stubborn sugar-market glut. Then he tore up the last of his cane fields and ditched a decades-old supply contract with […]

China revs up spending plan as economy cools, investment growth at record low

By Kevin Yao and Fang Cheng BEIJING, Aug 14 : The Chinese government is expediting plans to invest billions of dollars in infrastructure projects as its economy shows signs of cooling further, with investment growth slowing to a record low and consumers turning more cautious about spending. With its trade war with the United States […]

WH Group boosts U.S. meat exports to Japan, S.Korea, Mexico amid China trade spat

By Donny Kwok and Trista Shi HONG KONG, Aug 14 : WH Group Ltd, the world’s largest pork company, has boosted its U.S. exports to Japan, South Korea and Mexico to reduce the impact of the deepening trade spat between Washington and Beijing, Chairman Wan Long said on Tuesday. The comment was made at a […]

China’s economy cools further, investment growth at record low

By Kevin Yao and Fang Cheng BEIJING, Aug 14 : China’s economy is showing signs of cooling further as the U.S. prepares even tougher trade tariffs, with investment growth slowing to a record low and consumers turning more cautious about spending, data showed on Tuesday. Fixed-asset investment expanded by a less-than-expected 5.5 percent in January-July, […]