China’s economy faces new downward pressures and has to cut taxes and fees to address the problems faced by small and medium-sized companies, according to the country’s Premier Li Keqiang. Continue Reading
Beijing shoppers stocked up on cabbage, rice and flour for the winter on Wednesday, after the government urged people to keep stores of basic goods in case of emergencies, though Continue Reading
China flagged on Wednesday it is targetting a 1.8% reduction in average coal use for electricity generation at power plants over the next five years, in a bid to lower Continue Reading
China thermal coal futures rebounded on Wednesday after falling for 10 days on an expected jump in fuel demand to meet heating needs amid forecasts for plunging temperatures. China’s National Continue Reading
On a crisp Saturday morning last month, men in the black jackets favored by local Chinese officials were going door to door. They were checking to make sure villagers in Continue Reading
Higher auction price for pipeline gas spurs the price rise Terminals limit spot LNG sales for ensuring stable winter supply More cold weather forecast in northern China from Nov. 4 Continue Reading
In its latest campaign to rein in excesses across all aspects of society, China is now targeting overindulgence of food. Beijing released an action plan on Monday that tells diners Continue Reading
We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. China has been able to Continue Reading
International crude benchmarks slipped on Monday but recovered following China’s weekend statement that it would tap its state fuel reserve while national refiners ramp up output sharply to avert a Continue Reading
BHP Group ’s exit from thermal coal is looking less certain as record prices and shifting investor attitudes put the brakes on its planned retreat from the dirtiest fuel, according Continue Reading
BHP, the world’s largest miner, has seen its plan to divest thermal coal assets stalled amid the recent rally in coal prices in the global energy crunch, sources with knowledge Continue Reading
The Chinese government has told families to keep daily necessities in stock in case of emergencies, after COVID-19 outbreaks and unusually heavy rains that caused a surge in vegetable prices Continue Reading
Chinese shares fell on Tuesday after Beijing suspended classes at some schools due to rising virus cases, deepening concern that the government’s Covid Zero approach will weigh on the nation’s Continue Reading
Parents gathered outside a primary school in Beijing late into the night on Monday, anxiously waiting for their children who were caught in a snap lockdown triggered by a teacher Continue Reading
At the height of the trade war in 2019, China all but cut off imports of U.S. liquefied natural gas. Today, China is buying more gas from the U.S. than ever. Continue Reading
Officials at the National Development and Reform Commission (NDRC), China’s planning body, asked refiners in a meeting last week whether they would be able to import more diesel, produce more Continue Reading
China’s attempts to defy the laws of supply and demand when it comes to coal is leading to shortages elsewhere in the energy complex Gas shortages have left many gas Continue Reading
Ambitious pledges from China’s leaders to cut emissions have put its giant, carbon-intensive state corporations under pressure to respond, but they are at risk of falling short amid confused policy Continue Reading
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while coal prices have also stabilised, the state planner said. The most-traded Continue Reading
China’s stock-market darling Contemporary Amperex Technology is close to overtaking a state-owned lender to become the nation’s second-largest listed company. With a market capitalization of over 1.55 trillion yuan ($242 Continue Reading
China’s indebted developers are struggling to meet Beijing’s tighter financing rules. Two-thirds of the top 30 Chinese property firms by sales ranked by the China Real Estate Info Corp. have Continue Reading
China’s economy showed signs of further weakness in October as power shortages and surging commodity prices weighed on manufacturing, while strict Covid controls put a brake on holiday spending. The Continue Reading
China has released reserves of gasoline and diesel to increase market supply and support price stability in some regions, the National Food and Strategic Reserves Administration said on Sunday. The Continue Reading
Chinese coal futures have lost nearly half of their value in the past seven days The artificial 440 yuan price target will apply to term supplies from coal mines to Continue Reading
Coal futures extended a dramatic decline as China’s government said there’s further room for prices to fall, ratcheting up interventions in the market aimed at easing an energy crisis. Production Continue Reading
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjust coal prices after recent investigations Continue Reading
China’s biggest steelmaking hub Tangshan has ordered steel output curbs from Oct. 28 to tackle worsening air quality in the city, forcing some 19,000 mt/day of capacity to close for Continue Reading
China, the world’s largest greenhouse-gas polluter, is heading to Glasgow climate talks next week with a bold agenda: For the first time, it promises to take major steps to wean itself off Continue Reading
Surge came during a few hours in afternoon, authorities say ICU use rate nears 80%, more beds being added 98.7% of recent cases show no symptoms or only mild ones Continue Reading
China Evergrande Group’s next bond payment deadline is fast approaching as investors scrutinize the developer for clues on the severity of a cash crunch that’s eroding confidence in other highly Continue Reading
Australia is rejecting a push by the U.S. and the European Union to join a global pact to cut methane emissions, expected to be announced at the crucial COP26 summit Continue Reading
China’s efforts to ease an energy crunch by stabilising volatile coal prices have been complicated by a surge in wholesale petrol and diesel costs, forcing filling stations to ration fuel. Continue Reading
The government has staked its political legitimacy on controlling the virus better than other countries, especially its geopolitical rivals. The trip began in Shanghai, where the couple, both former professors, Continue Reading
Long lines of vehicles are snaking from pump stations across Guangxi and Anhui province in east and southwest China. Fuel retailers in parts of China are rationing diesel volumes to Continue Reading
Global Supply Chain Chaos Palm oil production in Malaysia is on course for its weakest showing in five years as planters grapple with the worst-ever labor shortage in the second-biggest Continue Reading
Starting in late September, China’s top leadership began holding a series of emergency meetings. An energy crisis had started to engulf the country, propelled by high coal prices. And it wasn’t Continue Reading
China has outlined a plan to hit peak greenhouse gas emissions by the end of the decade, releasing a long-awaited blueprint just days ahead of the UN’s COP26 climate summit Continue Reading
China’s economy risks slowing faster than global investors realize as President Xi Jinping’s push to cut its reliance on real estate and regulate sectors from education to technology combine with Continue Reading
Vegetable prices are surging in China after heavy rain swamped crops this month, fuelling concern over food prices at a time when consumers must brace for a hike in energy Continue Reading
Chinese state-owned enterprises have a massive pipeline of coal-fired power projects in more than a dozen countries and it remains unclear if they’ll be scrapped, even after President Xi Jinping’s Continue Reading
China’s capital city is suffering through its worst air pollution since May in the wake of its decision to boost coal production to address a power crunch. The concentration of Continue Reading
Coal has come back into energy markets in a big way this year, serving as a vital energy source as natural gas prices soared to incredible heights The coal price Continue Reading
China’s Sinopec Corp plans to increase natural gas supplies from its domestic fields to 13.24 billion cubic metres (bcm) this winter, up 3% from a year earlier, it said on Continue Reading
China’s top economic planner said on Tuesday it was studying a mechanism to stabilise coal prices over the long run, in its latest move to cool the red-hot market. The Continue Reading
A Chinese developer of real estate projects that use green technologies has become the latest builder to miss debt payments, just as defaults from the nation’s borrowers on offshore bonds Continue Reading
1 of 11 Women wearing face masks to help curb the spread of the coronavirus ride scooters passing by masked residents line up to receive booster shots against COVID-19 at Continue Reading
Fuji Oozx Inc. is one of hundreds of automotive-parts suppliers in Japan whose very existence is being threatened by the world’s shift toward electric vehicles. For almost 70 years, the Continue Reading
The power crisis in China is driving aluminum alloy prices higher as supplies come under threat. China is limiting supplies of key components used across a range of industries. While Continue Reading
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contractual obligations in its latest bid to tame prices that Continue Reading
Production costs at Chinese steel mill have increased, especially at electric arc furnaces, because of recent power rationing and government demands for energy consumption cuts, the country’s steel association said Continue Reading
