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China s carbon trading scheme makes debut with 4 1 mill

China s carbon trading scheme makes debut with 4.1 million T in turnover Reuters | Jul 20, 2021 08:50 PM EDT Chimneys are seen through a window at a coal-fired power plant on a hazy day in Shimen county, central China s Hunan Province, (Photo : REUTERS/Jason Lee/Files) China s long-awaited national carbon emission trading scheme (ETS) made its debut on Friday with 4.1 million tonnes of carbon dioxide quotas worth 210 million yuan ($32 million) changing hands, Shanghai Securities News reported. It is the largest carbon market in the world by volume with more than 2000 power plants, responsible for more than 4 billion tonnes of carbon dioxide emissions, included in the first phase of trading.

For retail investors, global play is the new normal--China Economic Net

In the wee hours one day recently in Shenzhen, Guangdong province, Li Guang, 33, shut down his PC finally and prepared to go to bed. But his mind continued to churn data on the trade he had just executed. He added shares of Weibo, a Nasdaq-listed Chinese social network company, to his investment portfolio, a task that required Li to stay awake to play the US market operating in a different time zone.   Li is getting used to life as a night owl, a first step toward becoming a successful part-time retail investor based in China with focus on US stocks. But altering the body s natural biorhythms may be the easy part of the deal-Li has to contend with gaps in knowledge and language.

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