- Auto sales in China fell 3 percent in 2018 — their first decline in about two decades, according to China auto consulting firm ZoZoGo.
- It was a mild introduction to even more pain coming for automakers doing business in Asia this year.
- ZoZoGo sees an even bigger drop coming in 2019. Source CNBC
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
