exports

China and India Received Record Amounts of Russian Crude in May

Data from two top ship tracking firms revealed that shipments of Russian crude oil to China and India, Russia’s top two buyers, rose by ten percent in May to hit record levels despite the Biden administration’s pleas to cut down on Moscow’s prodigious income stream by respecting sanctions and price caps.

The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project

India Says Exports Hit Record-High $750 Billion

Indian commerce minister Piyush Goyal told attendees at an industry event on Tuesday that his country had surpassed $740 billion in goods and services exports, a record significantly higher than the $500 billion in exports that India documented between 2020 and 2021.

Men talk on their mobile phones in front of an iphone 14 advertisement, in Kolkata on Sept

Chinese State Media Attacks ‘Absurd,’ ‘Xenophobic’ Rubio-Scott Plan to Limit China Oil Exports

China’s state-run Global Times on Thursday uncorked a furious tirade against “infamous U.S. Republican anti-China senators Marco Rubio and Rick Scott” because they dared to introduce a bill called the China Oil Export Prohibition Act, which would halt American exports of oil and petroleum products to the People’s Republic of China while the U.S. struggles to get soaring fuel prices under control.

US senators Marco Rubio (L) and Rick Scott speak to reporters after a meeting with US Pres

Report: Japan to Limit Facial Recognition Tech Exports to China

Japan’s federal government is allegedly planning to limit exports of artificial intelligence (A.I.)-powered facial recognition software to China to prevent Beijing from using such technology to “surveil and persecute” ethnic minorities in China, particularly in its westernmost region of Xinjiang, the online newspaper Taiwan News reported on Monday.

A man watches as a visitor tries out a facial recognition display at a booth for Chinese t