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Chen Aizhu
Japan Times
BUSINESS / ANALYSIS
May 12, 2023
Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
The switch to yuan to pay for billions in commodities trades in the wake of the Ukraine war accelerates China's efforts to internationalize its currency.
Japan Times
BUSINESS
Feb 8, 2023
Lost Russian oil revenue is bonanza for shippers and refiners
Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars toward shipping and refining firms, some with Russian connections.
Japan Times
BUSINESS
Jan 14, 2023
Russian oil delivered to Asia in Chinese supertankers amid ship shortage
At least four Chinese-owned supertankers are shipping Russian Urals crude to China as Moscow seeks vessels for exports after the G7 enacted a price cap on the country's oil.
Japan Times
BUSINESS / Markets
Sep 27, 2022
Rocketing LNG prices putting cargoes in hands of energy giants and trading houses
With prices not expected to ease until 2026, poorer states reliant on the fuel to generate power are worried, while costs are being driven up for big Asian economies.
Japan Times
BUSINESS
May 21, 2022
China quietly increases purchases of low-priced Russian oil
The move comes a month after Beijing initially cut back on Russian supplies, for fear of appearing to openly support Moscow and potentially exposing its state oil giants to sanctions.
Japan Times
BUSINESS
Feb 14, 2022
Deals with U.S. suppliers give China muscle to become major force in global LNG trade
China's push into the international LNG market comes two decades after it made a similar big splash in oil trading, and will put its firms in competition with established players.

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