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China Federation of Logistics & Purchasing released the China Bulk Commodity Development Report 2026 on June 16. The report says China remains one of the world’s largest bulk-commodity import markets; crude oil, iron ore and soyabean imports stayed e

2026-06-16

China Federation of Logistics & Purchasing released the China Bulk Commodity Development Report 2026 on June 16. The report says China remains one of the world’s largest bulk-commodity import markets; crude oil, iron ore and soyabean imports stayed elevated in 2025, underscoring China’s global absorption capacity. For 2025–26 it identifies a backdrop of macro pressure, market divergence and heightened external shocks, alongside stronger trade resilience and accelerated capacity building, concluding the sector is shifting from scale expansion to resilience-oriented allocation.

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2026-06-16

Beijing, June 16 — Wang Huning, member of the CCP Politburo Standing Committee and chairman of the CPPCC, met Nepal’s foreign minister in Beijing. Wang cited Xi’s 2019 state visit that upgraded China–Nepal ties to a strategic cooperative partnership

Beijing, June 16 — Wang Huning, member of the CCP Politburo Standing Committee and chairman of the CPPCC, met Nepal’s foreign minister in Beijing. Wang cited Xi’s 2019 state visit that upgraded China–Nepal ties to a strategic cooperative partnership focused on development, and said China will work with Nepal under bilateral leadership to maintain high-level exchanges, deepen political trust and pragmatic cooperation to advance ties and benefit both countries’ peoples; the CPPCC said it stands ready to support this. The Nepalese minister reaffirmed Nepal’s adherence to the One China principle, pledged not to allow Nepali territory to be used for anti-China activities, and expressed interest in expanding cooperation. Wang Dongfeng attended the meeting.
2026-06-16

Senate minority leader Schumer said nearly 24 hours after Trump announced a memorandum of understanding with Iran there are still no details. Schumer urged Trump to immediately brief Congress and the American people and to explain the agreement’s ter

Senate minority leader Schumer said nearly 24 hours after Trump announced a memorandum of understanding with Iran there are still no details. Schumer urged Trump to immediately brief Congress and the American people and to explain the agreement’s terms to bring the war to an end.
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