Could Renewables Overtake Coal In China?
In September of last year Oilprice reported an incredible milestone for renewable energy when solar and wind power became cheaper than coal in most of the world. Now, a new Continue Reading
China’s Economic Growth Slows to 6.1% as Trade and Business Confidence Suffer
The U.S. and China signed a deal marking a truce in the trade war between the two nations, with President Trump saying it was a “momentous step” toward a future Continue Reading
Japanese Only Operational Nuclear Reactor Shut, Increasing Fuel Costs
A Japanese high court has ordered local utility Shikoku Electric Power Company to continue idling its only operational nuclear reactor until the company provides a satisfactory proof that the reactor Continue Reading
Floods, road closures in Australia as storms lash some bushfire-hit regions
Parts of Australia’s east coast were hit by severe storms on Saturday, dousing some of the bushfires that have devastated the region for months but causing road closures and flash Continue Reading
The next China trade battle could be over electric cars
As Tesla inaugurates a $2 billion electric-car factory in China this month, a brief stroll around an upscale shopping district here shows the company already has plenty of local competition. Continue Reading
South Korea To Boost US Oil Imports In 2020
As South Korea is looking to reduce its over-reliance on crude oil imports from the Middle East, it has increased its oil imports from the United States in recent years, Continue Reading
China posts weakest growth in 29 years as trade war bites, but ends 2019 on better note
China’s economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Continue Reading
Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push – sources
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric Continue Reading
China’s Economic Growth Slows to 6.1% as Trade and Business Confidence Suffer
Chinese economic growth slowed to 6.1% last year, according to figures released Friday, as sagging trade and business confidence pulled the closely watched reading to its lowest level in nearly Continue Reading
Births in China Fall to Lowest Level in Nearly Six Decades
The number of babies born in China last year fell to a nearly six-decade low, exacerbating a looming demographic crisis that is set to reshape the world’s most populous nation and Continue Reading