China's increasing reliance on coal has been blamed for a 27% rise in emissions of sulfur dioxide, which causes acid rain, since 2000, the Wall Street Journal reported. The total 25.5 million tons of sulfur dioxide produced last year is also 42% more than the government goal, set in 2000, of cutting emissions to 18 […]
Category: Energy & Environment
Suntech Power, one of the world's largest solar-power companies, agreed to buy MSK of Japan for as much as US$300 million, in the biggest acquisition by a Chinese company of a Japanese firm, the Wall Street Journal reported. The deal involves a two-stage, cash-and-stock transaction, which is expected to be concluded at the end of […]
New rules on the domestic oil trade have sparked concerns over the country's willingness to open the sector to foreign companies this year as it has committed to do, the Wall Street Journal reported. China's retail oil business was opened at the end of 2004, allowing foreign companies like Total to run small filling stations, […]
North Korea leader Kim Jong-il delivered China an Independence Day gift on July 4 when he authorized the firing of seven missiles, including one that experts said could hit Alaska, Hawaii or even the US mainland.
Natural beauty is part of the price being paid for cleaner energy. Despite Beijing’s green policy, it remains to be seen whether China can become a friend to the environment