53 h. ago Trump's $100B AI Shockwave: Nvidia Back in China, Coal Back on the Grid

Trump's $100B AI Shockwave: Nvidia Back in China, Coal Back on the Grid  Yahoo Finance

Politics

3 d. ago China Coal Imports Fall Further on Weak Demand, Domestic Output

China Coal Imports Fall Further on Weak Demand, Domestic Output  Bloomberg

Politics

5 d. ago Plunging pork and poultry prices put pressure on Chinese farmers

China’s major protein categories – from pork to poultry – fell into a severe state of oversupply in the first half of this year, with prices declining across the board and widespread losses throughout the supply chain. Analysts said weak end-market demand and high inventory levels are weighing heavily on the breeding sector, and that while marginal improvements are expected in the second half of the year, the overall scope for recovery remains limited. The trend highlights the fragility of...

Events

1 week ago China urged to take bolder steps to tackle price wars, deflation and weak demand

Beijing’s latest push to curb price wars may help ease deflationary pressures, but analysts warn the current measures fall short of addressing deeper structural problems facing the world’s second-largest economy. China’s GDP deflator – a broad measure of prices across goods and services – has been negative since the second quarter of 2023, while consumer prices have fallen for four straight months year-on-year. To stop the deflationary spiral, Chinese authorities should address the cause: weak...

Events

2 w. ago Chinese scientists uncover coal power’s dirty secret in satellite data study

In the first high-precision satellite mapping of carbon dioxide emissions from large international coal power plants, Chinese scientists have found that existing databases are underestimating discharges from facilities across the globe. They include China’s Tuoketuo – the largest coal-fired power station in the world – and Alabama’s James H. Miller Jnr facility, the most polluting plant in the United States, according to a paper published on June 9 by the peer-reviewed Journal of Cleaner...

Politics

2 w. ago China industrial profits sink 9% in May on ‘weak demand’, US trade dispute

China’s industrial profits fell by more than 9 per cent in May over the same month of 2024, according to data released on Friday, reflecting what analysts said was weak domestic demand for minerals and motor vehicles, coupled with ramifications of the US-China tariff dispute. The National Bureau of Statistics said profits for industrial companies making more than 20 million yuan a year in revenue dropped in May by 9.1 per cent, year on year. Industrial profits fell 9.7 per cent in May over...

Politics

2 w. ago Will Guangdong’s plan for a domestic version of Canton Fair pay off?

Southern China’s Guangdong province will launch a “domestic trade version” of the Canton Fair – the country’s largest import and export fair – to help export-oriented companies tap into the domestic market amid weak external demand and rising global trade uncertainties. The initiative is a key component of a work plan released by the provincial government on Tuesday that aims to strengthen “domestic circulation” – a strategy focused on boosting China’s economic self-reliance by building a robust...

Politics

3 w. ago China’s Coal Market in Tentative Recovery as Temperatures Soar

China’s Coal Market in Tentative Recovery as Temperatures Soar  Bloomberg.com

Politics

3 w. ago Nato leaders agree to 5 per cent defence spending goal in annual summit

Nato member states committed to boost investments on defence to five per cent of their domestic output, largely endorsing US President Donald Trump’s pressure on Washington’s European allies. The North Atlantic Council (NAC), which convened on Wednesday during the two-day Nato Summit in The Hague, the member states’ leaders agreed to spend the higher percentage annually on core defence requirements and “defence-and-security-related” expenditures by 2035, in the face of “profound security threats...

Politics

3 w. ago Nato leaders agree to 5% defence spending goal in annual summit

Nato member states committed to boost investments on defence to five per cent of their domestic output, largely endorsing US President Donald Trump’s pressure on Washington’s European allies. The North Atlantic Council (NAC), which convened on Wednesday during the two-day Nato Summit in The Hague, the member states’ leaders agreed to spend the higher percentage annually on core defence requirements and “defence-and-security-related” expenditures by 2035, in the face of “profound security threats...

Politics

3 w. ago China’s Oil Refiners Hold Off Buying as Weak Demand Hits Profits

China’s Oil Refiners Hold Off Buying as Weak Demand Hits Profits  Bloomberg

Economics

3 w. ago China’s Rains Arrive at Critical Moment for Coal and Dam Sectors

China’s Rains Arrive at Critical Moment for Coal and Dam Sectors  Bloomberg

Politics

3 w. ago China coal prices dive 13% as Beijing plans to intervene to ease power crunch

China coal prices dive 13% as Beijing plans to intervene to ease power crunch  Mettis Global

Politics