“China Buffer” stabilizes world economy amid tensions, crisis
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“China Buffer” stabilizes world economy amid tensions, crisis
With ship flows through the Hormuz Strait having largely collapsed during the latest Middle East tensions, China has emerged as a stabilizing force for energy prices by sharply cutting its oil purchases, thereby easing pressure on the global market. Data released by China’s customs authority on Tue»»»
Economic Watch: "China Buffer" stabilizes world economy amid tensions, crisis
BEIJING, Sept. 9 (Xinhua) -- With ship flows through the Hormuz Strait having largely collapsed during the latest Middle East tensions, China has emerged as a stabilizing force for energy prices by sharply cutting its oil purchases, thereby easing pressure on the global market. Data released by Chi»»»
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