Tag Archives: Economic recovery in China

BLOOMBERG, JUNE 1, 2020 By Serene Cheong and Ann Koh for Bloomberg — Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for refineries that are quickly ramping up production amid a rapid rebound in fuel demand. Two dozen or more crude-laden tankers are waiting to discharge at terminals on China’s east …

BLOOMBERG, March 27, 2020 European, U.S. firms canceling orders and delaying payment | China looking at 10% export contraction in 2020: Macquarie By Jinshan Hong and Lin Zhu for Bloomberg – ​Since last week, emails from foreign clients have been flooding into export manager Grace Gao’s in-box, asking to delay orders already made, putting goods ready to be shipped on hold until further …