China resumes Gold import quotas after extended pause
This move comes after several months of suspension, during which global gold markets and investors have closely monitored China’s stance on precious metal imports.
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China and Saudi Arabia lead surge in Russian fuel oil imports amid global energy realignment
This development underscores a significant shift in global energy markets amid ongoing geopolitical tensions and economic realignments.
Afghan mineral stones begin transit to China via Chabahar Port
This development marks a significant milestone in regional trade and economic cooperation, reflecting a growing strategic partnership between Afghanistan, Iran, and China.
India’s Russian oil imports surge to $2.8 billion in July, becoming second-largest importer after China
Data released by the Centre for Research on Energy and Clean Air (CREA), a leading research organization, highlights the significant increase in India’s energy dependence on Russia.
Philippines plans to expand presence in disputed Xianbin Reef
Yang Xiao, deputy director at the Institute of Maritime Strategy Studies under the China Institute of Contemporary International Relations, suggested that the Philippines is aiming to solidify its occupation of Xianbin Jiao by upgrading the floating platform to a more permanent structure, which could serve as a forward deployment base.
New TIR assembly center boosts cross-border logistics in Xinjiang
Si Junjiang, president of Xinjiang International Land Port (Group) Co., Ltd., indicated that the new TIR assembly center would provide more diversified and flexible transport options for enterprises, ultimately strengthening the region's cross-border logistics capacity.
EU and Japan push for $100 carbon tax on ship emissions ahead of crucial climate talks
As the International Maritime Organization prepares to discuss carbon taxation on shipping emissions, the EU and Japan are advocating for a $100 tax per ton of CO2. This proposal seeks to bridge the gap between China’s resistance to a specific levy and the Marshall Islands’ call for a $150 carbon tax.
China and Thailand announce joint air force exercise “Falcon Strike-2024”
The Chinese Ministry of National Defense disclosed that China plans to deploy various types of aircraft and special forces for the exercise.
North Korea tightens grip on pine mushroom trade to secure vital foreign currency
The government has granted exclusive export rights to state-run trading companies, effectively banning any unauthorized sale or distribution of pine mushrooms.
China focuses on regional ties as Wang Yi visits Myanmar and Thailand
According to a Chinese foreign ministry spokesperson, Wang's trip seeks to reinforce the longstanding friendship between China and Myanmar, with a vision of building a China-Myanmar community with a shared future.
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