Sunday 1 May 2016
 
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Saudis open new phase in Asia oil market turf war with China spot sale

Saudi Arabia's sale of a spot crude cargo to an independent Chinese refiner marks a new phase in the turf war for dominance over Asia's oil market and sends a strong message to its rivals Russia and Iran: the fight for market share is

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China e-commerce firm opens Dubai showroom

Global OConnect, China's top O2O cross-border e-commerce service provider will make its first appearance in Middle East market through launching a showroom in Dubai on April 28. Global OConnect is an offline business partner o

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China unveils new roadmap to self-driving cars

In the race to develop self-driving cars, the US and Europe lead in technology, but China is coming up fast in the outside lane with a regulatory structure that could put it ahead in the popular adoption of autonomous cars on its highways and ci

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China seizes biggest share of global exports

Chinese exporters have found a silver lining in weak global demand by seizing market share from their competitors - good news for China but an expansion that is aggravating trade tensions. China's proportion of global exports

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China seizes biggest share of global exports

Chinese exporters have found a silver lining in weak global demand by seizing market share from their competitors - good news for China but an expansion that is aggravating trade tensions. China's proportion of global exports

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Russia pips Saudis again as top China crude supplier in March

Russia beat Saudi Arabia as China's top crude oil supplier in March, a follow-on to taking the No 1 spot in four months of 2015, customs data showed, due to strong purchases from the Chinese independent refineries known as "teapots&qu

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Steel producers fail to reach deal; US blames China

China and other major steel-producing countries failed to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting US criticism of Beijing's approach and an angry response from Chinese off

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China Q1 outbound direct investment jumps 55.4pc

China's non-financial outbound direct investment (ODI) jumped 55.4 per cent in the first quarter of 2016 from a year earlier to $40.1 billion, the Commerce Ministry said on Thursday. China's ODI in the United States in the

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Australia to trial new China visa rules to boost tourism

Australia will trial new visa rules for visitors and students from China, prime minister Malcolm Turnbull said on Thursday, as the country seeks to boost tourism and education amid an economy struggling with the demise of a once-in-a-lifetime mi

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DGCX joins forces with Agricultural Bank of China

The Dubai Gold and Commodities Exchange (DGCX) has inked a pact with the Agricultural Bank of China (ABC)-DIFC Branch, a leading state-owned commercial bank in China.   The development further cements the strateg

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