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China slams oil prices, but tariff war can’t stop U.S. boom in oil and gas exports

  • China's targeting of natural gas and oil products for tariffs is a special rebuke aimed at U.S. officials who had pushed energy products as a way for China to narrow its trade gap with America.
  • Signs that China is cutting back on oil imports weakened crude prices Wednesday but will not derail the longer term outlook for robust U.S. energy exports.
  • The U.S. export business is growing rapidly. Oil exports could grow by a million barrels a day annually over the next five years and liquified natural gas exports could more than double by 2020 to 9 billion cubic feet a day from 4 billion cubic feet, according to Citigroup.https://www.businesstimes.com.sg/government-economy/chinas-july-exports-accelerate-as-us-prepares-new-tariffs

    China's July exports accelerate as US prepares new tariffs

    Its surplus with US shrinks marginally but US$28.09 billion figure still near record highs

OTHER NEWS

There may be more at stake than just trade concessions in the US-China tariff battle

6/12/2018, 2:30 PM

The ongoing trade dispute between Washington and Beijing is as much about the South China Sea and Taiwan as it is about China’s technological practices, according to the University of Arizona’s Jeffrey Kucik. A lasting resolution to the trade war could require multiple compromises on these areas, he argued. Others warn that foreign policy matters […]

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Xi’s G-20 Dilemma: How to Win Over Trump Without Changing China

26/06/2019, 3:19 PM

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