Unknown entities in Dubai, unknown insurers, new entrants to the market: there are several indicators that Moscow has set up a new shadow fleet for liquefied natural gas (LNG) following the latest EU sanctions on Russian LNG transhipment. According to a Bloomberg investigation, ownership of at least eight ships has been transferred to obscure companies … Read more
Stay informed with free updates Simply log in to the Chinese trade myFT Digest – delivered straight to your inbox. Chinese exports grew faster than expected in May, official customs data showed Friday, a boost for policymakers eager to boost economic momentum even as trade tensions rise. Exports, in dollar terms, rose 7.6 percent year … Read more
Janet Yellen, the US Treasury Secretary, has urged the EU to urgently intervene to temper growing export levels of Chinese cheap green technology, including solar panels and wind turbines, pushing European leaders to move into a large-scale trade war. At the same time, she urged German bank executives on Tuesday to step up efforts to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Janet Yellen has urged the EU to join US efforts to curb Beijing’s green technology exports, warning that a glut of cheap Chinese goods could threaten the survival of factories around the world. could threaten … Read more