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© Provided by Xinhua BEIJING, Dec. 7 (Xinhua) -- China foreign trade maintained growth momentum in the first 11 months of the year amid signs of global
© Provided by Xinhua BEIJING, Dec. 7 (Xinhua) -- China foreign trade maintained growth momentum in the first 11 months of the year amid signs of global
China’s largest provincial economy in its northeast rust belt yesterday warned of worsening power shortages, despite government efforts to boost coal supply and manage electricity use in a post-COVID-19 pandemic energy crisis hitting multiple countries. Liaoning Province yesterday issued its second-highest level power shortage alert, the fifth in two weeks, saying the shortfall could reach nearly 5 gigawatts (GW). Liaoning has the biggest economy and consumes the most power of the three provinces making up China’s rust-best industrial region. It has been suffering widespread power cuts sin...
China’s largest provincial economy in its northeast rust belt yesterday warned of worsening power shortages, despite government efforts to boost coal supply and manage electricity use in a post-COVID-19 pandemic energy crisis hitting multiple countries. Liaoning Province yesterday issued its second-highest level power shortage alert, the fifth in two weeks, saying the shortfall could reach nearly 5 gigawatts (GW). Liaoning has the biggest economy and consumes the most power of the three provinces making up China’s rust-best industrial region. It has been suffering widespread power cuts sin...
May 03 2021, 4:05 AM April 29 2021, 2:46 AM May 03 2021, 4:05 AM (Bloomberg) -- (Bloomberg) -- Fears of a selloff in Chinaâs sovereign bond market have proved wrong, with traders now bracing for the pressure to build through May. Instead of surging higher this month, benchmark 10-year yields are comfortably below their half-year average and little changed from late March, thanks to a slowdown in debt issuance by municipal authorities. Traders had been bracing for a seasonal increase in local bonds at a time when Chinaâs commercial banks -- the biggest buyers in the market -- typic...