China Binges On U.S. Gas to Manage Energy Shortage, Carbon Footprint – WSJ
At the height of the trade war in 2019, China all but cut off imports of U.S. liquefied natural gas. Today, China is buying more gas from the U.S. than ever. Continue Reading
China Asks Refiners To Help Ease Diesel Crisis
Officials at the National Development and Reform Commission (NDRC), China’s planning body, asked refiners in a meeting last week whether they would be able to import more diesel, produce more Continue Reading
China Struck By Diesel Shortage
China’s attempts to defy the laws of supply and demand when it comes to coal is leading to shortages elsewhere in the energy complex Gas shortages have left many gas Continue Reading
China’s giant state-owned companies struggle to align climate rhetoric with reality
Ambitious pledges from China’s leaders to cut emissions have put its giant, carbon-intensive state corporations under pressure to respond, but they are at risk of falling short amid confused policy Continue Reading
China’s state planner says coal supply improving, prices stabilising
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while coal prices have also stabilised, the state planner said. The most-traded Continue Reading
EV Battery Maker Close to Becoming Second-Biggest Stock in China
China’s stock-market darling Contemporary Amperex Technology is close to overtaking a state-owned lender to become the nation’s second-largest listed company. With a market capitalization of over 1.55 trillion yuan ($242 Continue Reading
Two Thirds of China’s Top Developers Breach a ‘Red Line’ on Debt
China’s indebted developers are struggling to meet Beijing’s tighter financing rules. Two-thirds of the top 30 Chinese property firms by sales ranked by the China Real Estate Info Corp. have Continue Reading
China’s Economy Weakens as Power Crunch, Covid Rules Hurt
China’s economy showed signs of further weakness in October as power shortages and surging commodity prices weighed on manufacturing, while strict Covid controls put a brake on holiday spending. The Continue Reading
China releases gasoline, diesel reserves to bolster domestic supply
China has released reserves of gasoline and diesel to increase market supply and support price stability in some regions, the National Food and Strategic Reserves Administration said on Sunday. The Continue Reading
Chinese Coal Prices Plunge After Beijing Imposes Price Caps
Chinese coal futures have lost nearly half of their value in the past seven days The artificial 440 yuan price target will apply to term supplies from coal mines to Continue Reading