Energy-Starved China Forced To Accept Australian Coal
China is so desperate for coal amid a power crunch threatening its economic growth that it has released Australian coal that has been sitting in bonded storage not cleared by Continue Reading
China Is Desperate To Secure Latin American Oil And Coal
China’s desperation to secure the resources it needs to fuel its growth has driven it to increase its influence in Latin America Colombia, Ecuador, and Venezuela are all being targeted Continue Reading
U.S. Wants New Trade Talks With China, but Will Keep Tariffs
The Biden administration began defining its China trade policy Monday, saying it aims to launch new talks with Beijing but will keep existing tariffs in place, while also restoring the Continue Reading
Empty Buildings in China’s Provincial Cities Testify to Evergrande Debacle
Rows of residential towers, some 26 stories high, stand unfinished in this provincial city about 350 miles west of Shanghai, their plastic tarps flapping in the wind. Elsewhere in Lu’an, Continue Reading
China Can’t Keep Up With Surging Energy Demand
Following a spat with Australia late last year, Beijing banned coal imports from there. As a result, China is left with far from ideal alternatives Beijing may choose to reduce Continue Reading
China property sector default woes deepen amid Evergrande disquiet
Growing worries about defaults at Chinese property developers sapped investor sentiment on Tuesday, amid fresh credit rating downgrades and uncertainty about the fate of China Evergrande Group as it scrambles Continue Reading
China unloads Australian coal despite import ban amid power shortage
China has started unloading a small number of Australian coal shipments despite an unofficial import ban, analysts said, in a move underscoring the intensity of the power crunch facing the Continue Reading
World Food Costs at Risk of Soaring as China Faces Tough Harvest
China is set for a difficult harvest season as a severe energy crunch hurts the outlook for booming production, a development that risks triggering a renewed surge in world agriculture Continue Reading
China power crunch slams factories; coal lobby warns woes could last until winter
Small firms caught in China’s prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about stockpiles ahead of winter and manufacturing Continue Reading
China’s Manufacturing Weakens, as Power Cuts Threaten More Damage –
China’s manufacturing activity contracted in September, ending an 18-month expansion that powered the country’s recovery from the pandemic, with power curbs in hubs threatening further disruption. China’s manufacturing purchasing managers Continue Reading