China is considering sovereign guarantees for its ships to enable the world's second-biggest oil consumer to continue importing Iranian crude after new EU sanctions come into effect in July, the head of China's shipowners' association said.
April 30, 2012 3:06
Any decision by the United Arab Emirates to include the Chinese yuan into the UAE central bank's official foreign currency reserves would be the result of a long-term process, the bank's head said on Friday.
March 24, 2012 3:46
China's record crude imports in February are most likely as high as they will go, at least for the coming months, as rising prices, refinery maintenance and slower economic growth curb demand.
March 12, 2012 4:23
Chinese authorities have granted Kuwait Investment Authority (KIA) an initial $300 million quota to buy yuan-denominated stocks and bonds, enabling it to diversify its assets, state news agency KUNA reported.
March 12, 2012 1:48