China’s rebound masks long-term challenges
When the Chinese city of Wuhan went into lockdown due to coronavirus a year ago this week, the country’s economic and political model seemed to face a moment of reckoning. Continue Reading
China’s COVID outbreak worst since March 2020
China is battling the worst outbreak of COVID-19 since March 2020, with one province posting a record daily rise in cases, as an independent panel reviewing the global pandemic said Continue Reading
China’s Car-Chip Shortage Could Persist for as Long as a Decade
China’s automotive-chip shortage could persist for as long as a decade, but it has little to do with the current supply glitches snarling production, according to the official who oversees Continue Reading
Chinese Refiners Processed Record Amounts Of Crude In 2020
After a pandemic-hit slow start to 2020, China’s refiners boosted production from April, thanks to ultra-low crude oil prices and a rebound in the Chinese economy and fuel demand, setting Continue Reading
Covid-19’s Blow to Business Travel Is Expected to Last for Years
The coronavirus pandemic delivered a lingering, and possibly permanent, hit to business travel that is likely to weigh on employment and economic growth in some communities for years. Beyond the blows to airlines, Continue Reading
French energy group Total buys 20% stake in Adani Green Energy
French oil and energy group Total has agreed to buy a 20% minority stake in India’s Adani Green Energy Limited (AGEL) from Adani Group, as Total builds up its presence Continue Reading
China’s economy picks up speed in fourth quarter, ends 2020 in solid shape after COVID-19 shock
China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further Continue Reading
China’s economy expands at faster rate than before coronavirus
China’s gross domestic product expanded 6.5 percent in the fourth quarter of 2020, a faster rate than before the coronavirus pandemic and easily outpacing the expected performance of other big Continue Reading
China’s 2020 GDP rises 2.3%, robust economic growth expected in 2021
China’s economy grew at 6.5% in the fourth quarter, bringing the world’s second-largest economy’s GDP growth to 2.3% in 2020, National Bureau of Statistics data showed Jan. 18. Receive daily Continue Reading
Asia Energy Crisis
Northeast Asia has been hit by a mid-winter energy crisis as an extended period of much lower than normal temperatures across the region has strained supplies of coal, gas and Continue Reading