Monthly Archives: February 2015

Taiwanese Premier Mao Chi-kuo

Mao Chi-kuo is Taiwan’s new premier. He replaced Jiang Yi-huah as the head of the Executive Yuan. Jiang’s cabinet resigned en masse after he stepped down Nov. 29, 2014 to take responsibility for the defeat of the ruling Kuomintang in local elections. Continue reading

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Can oil prices remain low for China?

Cheming Yang

China is likely to surpass the U.S. as the world’s largest crude oil importer in 2015 as U.S. oil imports continue to fall. U.S. remained the world’s largest market for crude-oil imports in 2014 with net crude-oil imports at 7.2 million barrels per day in 2014, compared to 6.2 million barrels per day by China. It has been said although China is set to become the world’s largest crude importer, its import growth is still not sufficient to make up for the fall in U.S. import demand until 2019. Continue reading

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