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HomeChina

China

Climate Crisis

David Blackmon on Telegraph: The fast-growing energy source which will power the future: Yes, it’s coal

October 7, 2023 Mariel Alumit

As the United States continues to rapidly retire its dwindling fleet of coal-fired power plants in the name of fighting climate change, the world’s two most populous nations, China and India, continue efforts to dramatically expand […]

Power
Energy Transition

China’s Power Sector Investments Set To Top $13.9 Trillion By 2060

October 3, 2023 Mariel Alumit

Investments in the Chinese power sector are set to top $13.9 trillion (100 trillion Chinese yuan) by 2060, Xinhua news agency reported on Monday, quoting the State Grid Corporation of China. China has pledged to achieve net-zero […]

China
Critical Minerals

China’s demand for oil and copper is ‘booming,’ says Goldman Sachs

October 2, 2023 Mariel Alumit

China’s demand for many major commodities has been growing at “robust rates,” Goldman Sachs said in a recent note. This is in spite of a wider, faltering macroeconomic growth story in China. China’s demand for […]

Beijing
Geopolitical

Beijing aims to snatch the entire South China Sea

October 2, 2023 Mariel Alumit

The Chinese philosopher Lao Tzu once (nearly) said: “The journey of a thousand miles starts with a single dash line”. Recent Chinese activities in the South China Sea and Beijing’s claims of “indisputable sovereignty” inside […]

International News

China Investors Say Worst Yet To Come For Property

October 2, 2023 Mariel Alumit

By John Liu and April Ma, Bloomberg Markets Live reporters and strategists China’s property sector has yet to see the worst of the crisis that has cast a pall over the nation’s economy and helped […]

Beijing Tells Major Oil Refiners No More Fuel Export Quota in 2023
Downstream

Beijing Tells Major Oil Refiners No More Fuel Export Quota in 2023

September 30, 2023 Mariel Alumit

The Chinese government has told the country’s major oil refiners not to expect any more fuel export quotas this year, according to people with knowledge of the matter. The state-owned processors and fuel suppliers understand […]

BRICS
BRICS

$18,900,000,000 in US Treasuries Dumped by BRICS Members China, Brazil, India and UAE in One Month

September 27, 2023 Mariel Alumit

Several members of the economic alliance known as BRICS are discarding billions of dollars worth of assets backed by the US government. New numbers from the Treasury Department show China is leading the charge, reducing its holdings […]

Ford
International News

Ford halts work on $3.5 billion EV battery plant in Michigan

September 26, 2023 Mariel Alumit

Ford Motor Co. said it has stopped construction of its $3.5 billion electric vehicle battery plant in Marshall. “We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our […]

Russia
Electrical Generation / Utilities

Russia and China Dominating the Race for Nuclear Electricity Generation

September 26, 2023 Mariel Alumit

As the USA and many world leaders continue the pursuit of “unreliable electricity”, from wind turbines and solar panels, that can only generate intermittent electricity at best from available breezes and sunshine, Russia, China, France, […]

China
International News

China Says Fossil Fuel Phase-Out Is Unrealistic

September 25, 2023 Mariel Alumit

Phasing out fossil fuels is unrealistic as oil, natural gas, and coal will continue to play a crucial role in global energy supply and energy security, China’s special climate envoy Xie Zhenhua said this week […]

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