Category: East Asia

China has recently imported a cargo of liquefied natural gas (LNG) from Russia via the so-called Northern Sea Route as an emergency shipment of gas amid the energy shortage in Continue Reading

China’s Ministry of Commerce will award up to 243 million mt of crude import quotas to the country’s qualified refineries in 2022, the ministry said on its website Nov. 2. Continue Reading

More provinces in China are fighting Covid-19 than at any time since the deadly pathogen first emerged in Wuhan in 2019. The highly-infectious delta variant is hurtling across the country Continue Reading

China’s economy faces new downward pressures and has to cut taxes and fees to address the problems faced by small and medium-sized companies, according to the country’s Premier Li Keqiang. Continue Reading

Beijing shoppers stocked up on cabbage, rice and flour for the winter on Wednesday, after the government urged people to keep stores of basic goods in case of emergencies, though Continue Reading

China flagged on Wednesday it is targetting a 1.8% reduction in average coal use for electricity generation at power plants over the next five years, in a bid to lower Continue Reading

China thermal coal futures rebounded on Wednesday after falling for 10 days on an expected jump in fuel demand to meet heating needs amid forecasts for plunging temperatures. China’s National Continue Reading

On a crisp Saturday morning last month, men in the black jackets favored by local Chinese officials were going door to door. They were checking to make sure villagers in Continue Reading

 Higher auction price for pipeline gas spurs the price rise Terminals limit spot LNG sales for ensuring stable winter supply More cold weather forecast in northern China from Nov. 4 Continue Reading

In its latest campaign to rein in excesses across all aspects of society, China is now targeting overindulgence of food. Beijing released an action plan on Monday that tells diners Continue Reading

We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. China has been able to Continue Reading

International crude benchmarks slipped on Monday but recovered following China’s weekend statement that it would tap its state fuel reserve while national refiners ramp up output sharply to avert a Continue Reading

The Chinese government has told families to keep daily necessities in stock in case of emergencies, after COVID-19 outbreaks and unusually heavy rains that caused a surge in vegetable prices Continue Reading

Chinese shares fell on Tuesday after Beijing suspended classes at some schools due to rising virus cases, deepening concern that the government’s Covid Zero approach will weigh on the nation’s Continue Reading

Parents gathered outside a primary school in Beijing late into the night on Monday, anxiously waiting for their children who were caught in a snap lockdown triggered by a teacher Continue Reading

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

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’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

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 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

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

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 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 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 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

Coal futures extended a dramatic decline as China’s government said there’s further room for prices to fall, ratcheting up interventions in the market aimed at easing an energy crisis. Production Continue Reading

China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjust coal prices after recent investigations Continue Reading

China’s biggest steelmaking hub Tangshan has ordered steel output curbs from Oct. 28 to tackle worsening air quality in the city, forcing some 19,000 mt/day of capacity to close for Continue Reading

China, the world’s largest greenhouse-gas polluter, is heading to Glasgow climate talks next week with a bold agenda: For the first time, it promises to take major steps to wean itself off Continue Reading

China Evergrande Group’s next bond payment deadline is fast approaching as investors scrutinize the developer for clues on the severity of a cash crunch that’s eroding confidence in other highly Continue Reading

China’s efforts to ease an energy crunch by stabilising volatile coal prices have been complicated by a surge in wholesale petrol and diesel costs, forcing filling stations to ration fuel. Continue Reading

The government has staked its political legitimacy on controlling the virus better than other countries, especially its geopolitical rivals. The trip began in Shanghai, where the couple, both former professors, Continue Reading

Long lines of vehicles are snaking from pump stations across Guangxi and Anhui province in east and southwest China. Fuel retailers in parts of China are rationing diesel volumes to Continue Reading

Starting in late September, China’s top leadership began holding a series of emergency meetings. An energy crisis had started to engulf the country, propelled by high coal prices. And it wasn’t Continue Reading

China has outlined a plan to hit peak greenhouse gas emissions by the end of the decade, releasing a long-awaited blueprint just days ahead of the UN’s COP26 climate summit Continue Reading

China’s economy risks slowing faster than global investors realize as President Xi Jinping’s push to cut its reliance on real estate and regulate sectors from education to technology combine with Continue Reading

Vegetable prices are surging in China after heavy rain swamped crops this month, fuelling concern over food prices at a time when consumers must brace for a hike in energy Continue Reading

Chinese state-owned enterprises have a massive pipeline of coal-fired power projects in more than a dozen countries and it remains unclear if they’ll be scrapped, even after President Xi Jinping’s Continue Reading

China’s capital city is suffering through its worst air pollution since May in the wake of its decision to boost coal production to address a power crunch. The concentration of Continue Reading

Coal has come back into energy markets in a big way this year, serving as a vital energy source as natural gas prices soared to incredible heights The coal price Continue Reading

China’s Sinopec Corp plans to increase natural gas supplies from its domestic fields to 13.24 billion cubic metres (bcm) this winter, up 3% from a year earlier, it said on Continue Reading

China’s top economic planner said on Tuesday it was studying a mechanism to stabilise coal prices over the long run, in its latest move to cool the red-hot market. The Continue Reading