Oil prices have jumped as China promised to provide more stimulus for its flagging economy.
China’s sluggish economy has held back oil prices in the past six months, with OPEC+ countries including Saudi Arabia cutting back production to lift prices.
The falling oil price is a key reason why headline inflation around the world is starting to ease.
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Chinese-owned video streaming app TikTok says it will offer text-only posts as competition between social media giants heats up.
Tiktok will win
Drill, drill, drill baby!!! Keep the oil coming so the orange grifters have fresh bitumen to glue themselves to 😂😂
Betting on China 🇨🇳 is a bad bet anyhow.
Basically, Chinese economy is very sick. There's no cure.
there goes the local area command again, you here less sirens in New York….
China is smart NOT to overstimulate.
If it did that , oil, gas, commodities will go up to the detriment of EVERYONE in the world.
China must show discipline and steel but taking a slow approach.
China would then have loads of ammos to fire when the world economy turn down.
There is every chance that the USA , Australia economy may overheat and staring at a recession in 2024.
Why Aussie love living in China? https://youtu.be/moQsH25bPQg
Bullshit they are geting it from russia cheap