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Brief Business Practice Economics & Trade Energy & Environment

Chinese delegation plans meeting with Argentina to revive nuclear plant project

A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, said the South China Morning Post. An Argentinean government source told Reuters that the “technical team” from China would meet local suppliers to discuss the long-stalled nuclear power plant project, reportedly worth up to $8 billion. No […]

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Brief Energy & Environment Law & Regulation

China expanded efforts to switch from coal heating in 2018

China expanded its coal-to-gas and coal-to-electricity projects from 12 cities in 2017 to 35 cities last year, China’s environment minister Li Ganjie said on Monday, as the world’s second-largest economy stepped up its fight against smog, reported Reuters. China used to burn around 400 million tons of coal each winter, but the country’s war on […]

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Brief Business Practice Economics & Trade Energy & Environment Markets

China’s coal producers mark third consecutive year profit gains

In 2018 China’s coal sector reported a 21.5% profit increase, marking its third consecutive year of increase. Since 2013, the government has launched numerous campaigns to make coal, steel and aluminum industries more efficient.

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Brief Economics & Trade Energy & Environment

China plans huge oil and gas industry shakeup

China plans to create a new state-owned company to manage the country’s entire long-distance oil and gas pipeline network, allowing its existing energy giants to focus on exploration, Reuters reports. The plan is set to be announced before the end of the year and would represent the largest reshuffle of China’s energy industry since 1998, when Beijing […]

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Agriculture Brief Economics & Trade Energy & Environment

US angles for lower tariffs on ethanol imports

The US has asked the Chinese trade negotiation team to cut tariffs on ethanol down to their pre-trade war levels, hoping that Chinese surging demand for the fuel will be a boon for American farmers. China has yet to respond to the request, said Agriculture Secretary Sonny Perdue. “They are engaged in conversation, they listen […]