China’s foreign service trade deficit narrowed in October while the trade volume dropped, data from the State Administration of Foreign Exchange (SAFE) showed Monday. In October, China saw a surplus of $49.9 billion in foreign merchandise trade, up from $44 billion in September, according to SAFE. Source: People’sDaily/Xinhua
Japan logged a trade deficit last year for the first time since 2015, with export growth slowing amid tensions between the country’s two biggest trading partners – China and the United States. Source: Channel NewsAsia
Saudi Arabia is looking to invest in U.S. natural gas. The Kingdom is considering Tellurian’s proposed Driftwood LNG export terminal in Louisiana and Sempra Energy’s Port Arthur LNG facility in Texas. Source: Forbes
U.S. sanctions on Moscow are starting to hurt America more than Russia, the chief executive of Russia’s sovereign wealth fund told CNBC Wednesday. Source: CNBC
