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Chinese oil major CNOOC reports record 2022 profits, double previous year

CNOOC got a boost from a year of elevated international oil and gas prices following Russia’s invasion of Ukraine ....

Hong Kong , Hong Kong Stock Exchange On , Hong Kong Stock Exchange , Hong Kong Listed ,

Domestic consumer demand records uptick in first two months

The domestic consumer demand continued to pick up in the first two months, which will boost the gradual recovery of industrial profits in the months to come, official data showed Monday. ....

Sun Xiao , National Bureau Of Statistics , Nanjing East Road Walkway , National Bureau , Year On ,

Russia's cross-border e-commerce platform pivots toward yuan to fend off risks

As trade and economic ties between China and Russia are expected to deepen, the yuan will gain appeal among Russian firms, at a time when the Russian economy is restricted from Western financial networks. ....

United States , Inner Mongolia , Nei Mongol , Vladimir Putin , Xinhua Wang Kaiyan , Simon Huang , Moscow Exchange , Ozon Holding , Russia Finance Ministry , National Wealth Fund , Inner Mongolia Autonomous Region , Wang Kaiyan , Ozon China , Global Times , South China , Guangdong Province , Latin America , President Vladimir Putin , Finance Ministry ,

Opinion: One day, oil might not be bought with dollars anymore but with yuan

China and Saudi Arabia are attempting to cross the Rubicon, chipping away at dollar dominance in the oil trade ....

United States , Sri Lanka , Saudi Arabia , Ar Riya , Moammar Gadhafi , Rashid Husain Syed , Saddam Hussein , Gulf Cooperation Council , Shanghai Petroleum , Gas Exchange , Saudi Crown Prince Mohammed , Chinese President Xi Jinping , China Arab Summit , Husain Syed , President Xi Jinping , Global Times , Wall Street Journal , Gulf Arab , Middle Eastern , Us Treasuries ,

A closer look behind strong credit data

According to data released by the People's Bank of China, the country's central bank, on March 10, the value of new renminbi loans reached 1.81 trillion yuan ($263.98 billion) in February, beating market expectations of 1.43 trillion yuan, or 592.8 billion yuan more than a year earlier. ....

Insurance Regulatory Commission , People Bank , China Banking , Chinese New Year , Spring Festival , Year On ,