China’s Renewable Boom Hits The Wall
When earlier this year China announced subsidies for 22.79 GW of new solar power capacity, those following the country’s renewable energy story must have started to worry. The capacity subsidized Continue Reading
The Bad News on China’s Economy Gets a Little Better This Month
Economists say the improvement in both official and private gauges of factory activity is unlikely to mark a turnaround from the deepening slowdown in the industrial sector, as the world’s Continue Reading
Chinese leaders can’t control the weather for their big 70-year bash. But they’re still trying.
Chinese tourists stand in front of a large screen set up for the 70th National Day celebrations as they visit Tiananmen Square on Sept. 27 in Beijing. (Kevin Frayer/Getty Images) Continue Reading
Traders Scramble To Find ‘Plan B’ As Sanctions Ground Chinese Oil Tankers
Oil traders around the world are scrambling to avoid being involved in the latest U.S. sanctions regarding Iranian oil after the United States imposed on Wednesday sanctions on a number Continue Reading
Planned power plants in Asia likely to face water shortages
Climate activists have raised concerns about the number of power plants planned for development in Asia, but the threat of climate change appears to be just one reason to think Continue Reading
Nigeria: Excess Output Forces China to Export Petrol to Nigeria, Mexico
A wave of new production and slowing domestic demand have forced China to export petrol cargoes to Nigeria and Mexico as the Asian country ramps up petrol exports in July Continue Reading
Expect Chinese Refinery Run Rates To Fall Soon
Chinese refineries will reduce their throughput during the current quarter ahead of the country’s National Day holiday that begins in October, S&P Global Platts reports , citing a general state-imposed Continue Reading
US Treasury chief to resume trade talks in China next week: White House
US Secretary of the Treasury Steven Mnuchin and Trade Representative Robert Lighthizer will resume trade talks in Shanghai on July 30, with a focus on agriculture, the trade deficit and Continue Reading
Chinese bank seeks denial of Philadelphia Energy Solutions bankruptcy plan
A Chinese bank asked a federal judge on Tuesday to deny Philadelphia Energy Solutions’ initial bankruptcy requests, arguing it should get priority over any insurance payouts after a June fire Continue Reading
US Sanctions China State Oil Trader
The U.S. has sanctioned a Chinese state oil trader for violating restrictions on Iranian crude, an attempt to tighten restrictions on the Islamic Republic and cut off one of its Continue Reading