China’s CNPC Capital, the financial arm of state energy giant China National Petroleum Corp (CNPC), said on Friday that a unit cited by a U.S. official this week as owning Continue Reading
BEIJING—Activity in Chinese factories slumped in May, according to a key measure, as new orders for goods fell in response to uncertainties created by the escalating trade dispute with the Continue Reading
China expects to achieve its national coal consumption cap targets in 2020, but the country’s aggressive goals could be tempered due to solid demand from power, steel and petrochemical industries, Continue Reading
Oil markets remained under pressure in early trading on Wednesday amid economic downturn worries due to the U.S.-China trade war that shows no sign of ending. Front-month futures for international Continue Reading
Beijing is “seriously considering” restricting exports to the United States of rare earths, 17 chemical elements used in high-tech consumer electronics and military equipment, the editor in chief of China’s Continue Reading
It took 100,000 construction workers a quarter of a century to bore through the Snowy Mountains to build Australia’s largest hydroelectric scheme. The vast nation-building project links nine power stations Continue Reading
China consumed 27.06 million mt of oil products in April, down 2.4% year on year, the National Development and Reform Commission said Wednesday. Receive daily email alerts, subscriber notes & Continue Reading
China imported a record high 2.79 million mt of LNG from Australia in April, up 61.3% year on year, latest customs data showed, amid growing domestic gas consumption, rising Australian Continue Reading
China increased its subsidies to domestically listed companies to a record level last year to help them weather a slowdown in the world’s second-largest economy, in a move likely to Continue Reading
A simple visit to an obscure factory by Chinese President Xi on Monday is all it took to raise the specter that China could be contemplating cutting off supply of critical materials Continue Reading
