Issues facing current international energy development emerge mainly from concerns over shortage in fossil energy supply and greenhouse effect triggered by climate changes. The former has resulted in continuous hike of energy prices around the globe. At a time of costly energy supply and global climate change, most countries have begun to turn to energy [...]
China Southern Airlines, the largest airline by fleet size in the country, said it will delay commencement of freight operations in Vietnam, mainly due to the exchange rate.
Although it has maintained a 10% annual growth in the passenger market on Southeast Asian routes, China Southern Airlines has decided to postpone the launch of cargo flights [...]
I was going to write about speculative inflows and their impact on Chinese monetary policy, but a lot has been happening – and just in the middle of my week-long trip out of China – so I will postpone that discussion for Monday. On Thursday, as almost everyone knows by now, just after the market [...]
Sales of sport-utility vehicles in China, the fastest-growing segment of the country’s auto market last year, may slow after the government raised gasoline prices, Fitch Ratings Ltd. said.
The increase “will change motorists’ behavior and push them toward vehicles with better fuel consumption,” Fitch analyst Matthew Kong said by phone on June 20. “The change of [...]
CPI inflation came in at 7.7% for May, confirming last week’s “leak”, down sharply from 8.5% in April. Both the food and non-food components saw a reduction in inflation with, most importantly, non-food inflation declining from 1.8% in April to 1.7% last month.
This should definitely be good news, but the numbers are not terribly consistent [...]
Chinese fuel companies are breaking out on news that the country’s government will raise fuel prices at midnight tonight.
PetroChina (PTR), the country’s largest oil producer, is up 4.8% in morning trading. And China Petroleum and Chemical (Sinopec) (SNP) rose 7.7% so far, while CNOOC (CEO) investors don’t seem to know what to make of the [...]
