China’s daily coal output hits 3-month low in August on rains, COVID curbs
Aug daily coal output at 11.95 mln T vs 12.02 mln in July Average coal mining run rates in Aug at lowest since Feb – CCTD Coal power generation falls Continue Reading
Energy Was Key In Putin-Xi Meeting
The meeting between Russian President Putin and Chinese President Xi Jinping was a necessary check-up of relations between the two countries. Putin made four comments that together perfectly encapsulate what Continue Reading
China Boosts Oil Imports From Russia And Saudi Arabia
China stepped up crude oil imports from both Russia and Saudi Arabia last month, with the Saudis returning to the top spot of Chinese oil suppliers. Citing customs data from Continue Reading
China Signs Major Railroad Deal With Uzbekistan And Kyrgyzstan, Bypassing Russia
China has signed a deal to construct a railroad through Krygyzstan and Uzbekistan that would bypass sanctions-hit Russia. Kyrgyzstan, Uzbekistan and China signed the agreement on the sidelines of the Continue Reading
China’s Gasoline And Diesel Exports Exploded In August
China exported a whopping 97.4% more gasoline in August 2022 than it did the year before. This huge increase was largely due to a new batch of fuel export quotas Continue Reading
China’s August gasoline exports nearly double from a year ago
China’s August gasoline exports rose 97.4% from a year earlier, customs data showed on Sunday, as refiners took advantage of fresh export quotas amid faltering domestic demand. Gasoline shipments were Continue Reading
Putin’s Meeting With Xi Highlights Russia’s Waning Status On The World Stage
RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… Chinese President Xi Jingping met Continue Reading
China Braces for a Slowdown That Could be Even Worse Than 2020
China’s Policymakers Are Facing a Few Constrains: S&P Says Bloomberg News Six months after China’s government set ambitious economic targets for the year, growth has slowed so sharply that several Continue Reading
China’s Banks Cut Deposit Rates in First Broad Move Since 2015
China’s biggest banks lowered their benchmark deposit rates across the board for the first time since 2015, a move designed to help them boost lending to shore up growth in Continue Reading
Shanghai Reopening Ports, Resuming Flights as Typhoon Passes
Shanghai gradually started returning to normal on Thursday after Typhoon Muifa brought strong winds and heavy rain to the financial and shipping hub overnight. The region’s ports began to reopen, Continue Reading