Category: China

CNOOC Limited has announced the first ‘deep-deep’ large gas field. CNOOC Limited has announced the first “deep-deep” large gas field, dubbed Baodao 21-1, which it says has proved gas-in-place of Continue Reading

Oil prices gained around $1 on Thursday as investor sentiment rose on news that China is considering a cut in the duration of quarantine for inbound visitors. Brent crude futures Continue Reading

Chinese steelmakers are facing mounting headwinds. High energy costs and falling steel prices are eroding manufacturers’ profitability. Many Chinese steelmakers are on the brink of bankruptcy. Is it all doom Continue Reading

‘Beijing was as close as ever to full aerial lockdown as it prepared to host the 20th Congress of the Chinese Communist Party’. The impact of China’s zero-Covid policy is Continue Reading

Highlights New energy system refers to new fuel sources, technologies Environmental conservation accounts for large section speech Low-carbon push tempered by energy security concerns China plans to accelerate the development Continue Reading

Xi Jinping laid out ambitious plans two years ago to expand China’s wealth and double the size of the nation’s economy by 2035. The target would require China’s economy to Continue Reading

China is creaking open the door to international travel, but getting into the country comes with a cost—thousands of dollars for a flight. Michael Hart this summer made his first Continue Reading

China abruptly delayed the publication of its third-quarter gross domestic product data Monday, a day before it was set to be released, an unusual move as the country’s ruling Communist Continue Reading

China will greatly increase domestic energy supply capacity and its reserve capacity for key commodities, government officials said on Monday, reiterating a policy of ensuring supplies and stabilising prices of Continue Reading

China delayed the release of third-quarter gross domestic product data, which were scheduled for release Tuesday, without giving any reason. The National Bureau of Statistics updated its release schedule on Continue Reading

 China told its state-owned gas importers to stop reselling LNG to energy-starved buyers in Europe and Asia in order to ensure its own supply for the winter heating season. The Continue Reading

President Xi Jinping has promised a slow and steady end to the growth of planet-warming emissions in China, with energy security taking top priority as the country contends with a Continue Reading

 New energy system refers to new fuel sources, technologies Environmental conservation accounts for large section speech Low-carbon push tempered by energy security concerns China plans to accelerate the development of Continue Reading

 Chinese President Xi Jinping will take the stage on Sunday to kick off a historic congress of the ruling Communist Party, where he is poised to win a third term Continue Reading

Covid Zero Weighs on China’s Economy Bloomberg News The wave of stimulus aimed at reviving China’s housing market — billions in bank loans, interest rate cuts and support for developers Continue Reading

Exhibitions highlighting China’s achievements under Xi Jinping have been set up around the country ahead of the congress By Tessa Wong & Stephen McDonell BBC News, Singapore and Beijing Frustration Continue Reading

WATCH:t Xi is set to trumpet his strict measures to control the virus at China’s party congress. Stephen Engle and David Qu report. Bloomberg News China is stepping up efforts Continue Reading

 Tesla Inc. TSLA -0.05%▼ and its Chinese rival BYD Co. have each broken their monthly records for deliveries of electric vehicles in China as the global competition between the world’s Continue Reading

: Xi is set to trumpet his strict measures to control the virus at China’s party congress. Stephen Engle and David Qu report. Bloomberg News China is stepping up efforts Continue Reading

China called for “patience” with its tough COVID policies and warned against any “war-weariness” as local cases soared to their highest since August, days ahead of a pivotal Communist Party Continue Reading

China’s reliance on imported gas is increasing despite government efforts to boost domestic output, creating an intensifying problem for both energy and national security. China’s gas production increased by 6% Continue Reading

A renewed wave of pandemic-related lockdowns in major Chinese cities is hampering hopes for a recovery in consumer spending, showing how difficult it is for Beijing to rekindle growth without Continue Reading

China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, four sources familiar with the matter said on Saturday. The volume issued is Continue Reading

China’s services activity contracted in September for the first time in four months as Covid lockdowns in major cities such as Chengdu dampened consumer spending. The Caixin services purchasing managers’ Continue Reading

The top of China’s agenda in energy terms remains the Middle East. The recent Shanghai Cooperation Organization (SCO) summit saw China enhance its influence with several of the world’s leading Continue Reading

Monex’a Simon Harvey discusses the yen’s drop and BOJ policy. The yen slid back past 145 per dollar, prompting renewed warnings from Japan’s finance minister and boosting speculation the government Continue Reading

China’s ENN is expected to make a profit of between $110 million and $130 million on a single liquified natural gas shipment to Europe. SINGAPORE—The economic slowdown in China, a Continue Reading

The biggest fall in Chinese cement production in at least two decades has dragged global output of the construction material into decline, demonstrating how a crisis in the country’s vast Continue Reading

The signs of a looming lockdown in Shenzhen, China, had been building for a while. The city had been logging a few coronavirus infections for days. Daily Covid tests were Continue Reading

China issued its biggest fuel-export quota this year, a highly anticipated allocation that could offer a lifeline to a faltering oil market. Refiners and traders have been given 15 million Continue Reading

A Comac C919 aircraft. Photographer: Qilai Shen/Bloomberg China formally certified its homegrown aircraft to take on Boeing Co. and Airbus SE in the highly lucrative market for narrowbody jets, according Continue Reading

A street scene in Shanghai earlier this week. China’s services sector slipped into contraction in September. HONG KONG—Chinese economic activity remained feeble in September, with the services sector slipping into Continue Reading

The onshore yuan fell to the weakest level against the dollar since the global financial crisis in 2008, amid an incessant advance in the greenback and speculation China is toning Continue Reading

BEIJING—Chinese leader Xi Jinping got out of quarantine and made his first public appearance since visiting Central Asia, trumpeting his governance record over the past decade as he prepares to Continue Reading

China’s weak oil demand was one of the few bearish developments in oil markets in the last year, but it appears that is about to come to an end. China Continue Reading

China has spent a trillion dollars to expand its influence across Asia, Africa and Latin America through its Belt and Road infrastructure program . Now, Beijing is working on an Continue Reading

 For six months, home for Ms. Xu has been a room in a high-rise apartment in the southern Chinese city of Guilin that she bought three years ago, attracted by Continue Reading

Zhang Youping, a Chinese retiree, purchased an all-electric, small sport-utility vehicle from BYD — China’s largest electric vehicle maker — at an auto show for around $20,000 last month. Her Continue Reading

Highlights Soybean meal spot prices reach Yuan 5,500/mt on average Replacement crush margin improves Market to remain tight until November Soybean meal spot prices in China hit its highest level Continue Reading

Seven times since last March, Ruili—on China’s Myanmar border—has felt the full force of Xi Jinping’s Covid Zero policy.  China’s 1,300-mile border with Myanmar traverses some of the most rugged Continue Reading