Crude Oil Prices Falling, Traders Worry About Global Supply Glut

Crude Oil Prices Falling, Traders Worry About Global Supply Glut






Crude Oil Prices Falling, Traders Worry About Global Supply Glut $USO, $OIL, $BHI Crude Oil prices fell Monday in part by renewed concerns about the global supply glut after a meeting of the Organisation of Petroleum Exporting Countries (OPEC) producers failed to impress traders and investors. May WTI Crude Oil fell 0.44, or 0.9%, to […]






President Trump Met With a High Level Chinese Official on Bi-lateral Cooperation’s

President Trump Met With a High Level Chinese Official on Bi-lateral Cooperation’s






President Trump Met With a High Level Chinese Official on Bi-lateral Cooperation’s US President Donald Trump Monday met with visiting Chinese State Councilor Yang Jiechi at the White House, pledging to enhance bi-lateral high-level exchanges and cooperation in all areas. During the meeting, Yang 1st conveyed greetings to President Trump from Chinese President Xi Jinping, […]






EU Calls On China to Help Rebuild its Struggling Economy

EU Calls On China to Help Rebuild its Struggling Economy






EU Calls On China to Help Rebuild its Struggling Economy Cooperation with China could help the European Union (EU) to rebuild and strengthen its economy, National Bank of Hungary Governor Gyorgy Matolcsy said Monday. The EU needs to build political, intellectual, financial and human bridges between the EU and China, he said at the Lamfalussy […]






Asian Regional Cooperation Fuels Growth Momentum

Asian Regional Cooperation Fuels Growth Momentum






Asian Regional Cooperation Fuels Growth Momentum Financial cooperation will bring new growth momentum to Asian countries, given that although there have been visible outcomes in this field, the scale is somewhat limited. “The low-hanging fruit has already been picked in Asian regional cooperation after years of development,” said China’s Vice Finance Minister Shi Yaobin at […]






ADB backs China’s “Belt and Road Initiative” in Central Asia

ADB backs China’s “Belt and Road Initiative” in Central Asia






ADB backs China’s “Belt and Road Initiative” in Central Asia The Asian Development Bank (ADB) supports China’s Belt and Road initiative in Central Asia, as both sides have the common goal to promote regional cooperation and integration. Zhang Wencai, ADB Vice President for Central and West Asia and South Asia Operations, made the remark during […]






Bank of China Designated as RMB Yuan Clearing Bank in US

Bank of China Designated as RMB Yuan Clearing Bank in US






Bank of China Designated as RMB Yuan Clearing Bank in US $BACHF The People’s Bank of China announced Tuesday that Bank of China (OTCMKT:BACHF) is designated as the RMB Yuan clearing bank in the United States. This represents another Key milestone in the process of RMB internationalization, and a step forward for Sino-US financial cooperation. […]






China Calls for Stronger Tie-up with ASEAN Members

China Calls for Stronger Tie-up with ASEAN Members






Chinese Vice Premier Zhang Gaoli met with leaders from member states of the Association of Southeast Asian Nations (ASEAN) in southwest China’s Nanning City Saturday, calling for stronger ties between China and ASEAN. The foreign dignitaries include Cambodian Prime Minister Hun Sen, Vietnamese Prime Minister Nguyen Xuan Phuc, Myanmar’s Vice President U Myint Swe, Lao […]






G-20 Summit Should Champion Innovation and Development

G-20 Summit Should Champion Innovation and Development






G-20 Summit Should Champion Innovation and Development The coming Group of 20 (G-20) Summit of the world’s leading economies should champion innovation and greater integration as a means of achieving sustainable economic development. In the lead up to the 4-5 September summit in Hangzhou, China, Argentina’s President Marci spoke about what’s on the agenda of […]






Solar Impulse 2 Completes Historic Round-the-World Flight

Solar Impulse 2 Completes Historic Round-the-World Flight






Solar Impulse 2 Completes Historic Round-the-World Flight The Zero-fuel plane landed in Abu Dhabi Tuesday morning, more than a year after setting off from the UAE capital Solar Impulse 2 has completed its round-the-world trip powered only by the Sun after landing at Abu Dhabi’s Al Bateen Airport Tuesday morning. The Zero-fuel aeroplane set off […]