China plans to set a lower economic growth target of 6-6.5 percent in 2019 compared with last year’s target of “around” 6.5 percent, policy sources told Reuters, as Beijing gears Continue Reading
Highlights Passenger car sales sink 6% in 2018, first drop in 20 years Gasoline demand growth to fall below 3% in 2019: Platts Analytics EVs to displace 2.23 mil b/d Continue Reading
Environmental authorities in China said on Friday that Beijing and its surrounding industrial province of Hebei cut smog emissions by at least 12 percent in 2018 after a long crackdown Continue Reading
China will launch a series of subsidy-free wind and solar projects this year to take advantage of a rapid fall in construction costs since 2012 and tackle a gaping payment Continue Reading
China’s iron ore futures dipped by nearly 1 percent on Thursday, as emergency anti-pollution measures in northern China dampened demand for steelmaking raw materials. The Ministry of Ecology and Environment Continue Reading
US steel tariffs, the trade war with China and a prolonged federal government shutdown could each threaten to slow the growth of the US oil and natural gas industry, the Continue Reading
A study by China Academy of Social Sciences (CASS) warned that the country must implement policies to handle a smaller workforce and an older population, the BBC reported on Sunday. Continue Reading
China has approved new rail projects worth more than $125bn in the past month as it steps up fiscal spending to counteract a slowdown in its economy, a move that Continue Reading
Crude oil imported for China’s independent refineries in December hiked to another historical high of 12.6 million mt (2.98 million b/d), but the refiners still failed to use up their Continue Reading
After starting the New Year in the red, crude oil stabilized higher today on reports that China plans to hold talks with the United States next week to settle their Continue Reading
