Highlights Output cut of around 20 million-30 million mt expected Annual steel demand may drop faster than supply China is likely to announce a 20 million-30 million mt, or 2-3% Continue Reading
WASHINGTON—by competing policy aims: addressing inflation and maintaining economic pressure on Beijing. People familiar with the situation say what comes next has been pending with Mr. Biden in recent weeks Continue Reading
Japan’s electricity grid creaked on Thursday under the strain of Tokyo’s hottest June since records began, but a power crunch that could have deprived tens of millions of electricity was Continue Reading
It’s official: Chinese equities are once again in vogue, after months of regulatory crackdowns, deleveraging and stringent virus curbs wiped trillions of dollars off benchmark gauges. A Bloomberg survey of Continue Reading
Australia’s biggest grid has released a multibillion-dollar plan to ease its transition away from coal and avoid pitfalls that earlier this month led to the unprecedented step of temporarily taking Continue Reading
People walk past a China Energy coal-fired power plant in Shenyang, Liaoning province, China September 29, 2021. REUTERS/Tingshu Wang SHANGHAI, June 29 (Reuters) – China will reduce its industrial energy Continue Reading
Bloomberg News Travelers wanting to get into China will still need to contend with the intricate web of testing and bureaucratic requirements that underpin Covid Zero, tempering optimism that its Continue Reading
President Joe Biden and G7 leaders are ramping up efforts to counter China’s Belt and Road initiative. The leaders have pledged $600 billion to a new global infrastructure project for Continue Reading
Power consumption in several Chinese regions rose to record highs over the weekend, as persisting heatwaves spurred the use of air conditioners to help people cool off. Monitoring data from Continue Reading
WATCH: China’s economy showed some improvement although there are still a lot of questions about the recovery. Enda Curran reports. Bloomberg News Sign up for the New Economy Daily newsletter, Continue Reading
