It marks a major shift for one of the biggest backers of coal-fired plants globally. Still, China remains heavily reliant on new coal plants at home, and is the world’s top emitter of greenhouse gases ... ( read original story ...)
China’s Leaders Are Having Fun With Us. Who Can Blame Them?
Anyone who says that China’s President Xi Jinping does not have a sense of humor is definitely not following the news from the Pacific these days. China last week applied for membership in the ... ( read original story ...)
China’s Xi, like Biden hours earlier, turns to calm language
Choosing calm language as tensions with the United States grow, Chinese leader Xi Jinping reiterated his nation's longtime policy of multilateralism on Tuesday, tellin ... ( read original story ...)
China pledges to stop building coal-fired power plants overseas
China’s president Xi Jinping has pledged to end the financing of new coal power plants overseas, but stopped short of ending support for the fossil fuel at home. The world’s l ... ( read original story ...)
US, China unveil separate big steps to fight climate change
The two biggest economies and largest carbon polluters in the world announced separate financial attacks on climate change Tuesday. Chinese President Xi Jinping said his country will no longer fund ... ( read original story ...)
China’s Macau Crackdown Attacks the Symptoms, Not the Cause
There’s little evidence that almost a decade of anti-corruption drives have had much impact. Xi’s latest move is unlikely to move the needle in a nation that rates between Brazil and Kazakhstan on the ... ( read original story ...)
China Evergrande inches close to default deadline, investors wait
China Evergrande Group , once China's top-selling property developer, inched closer to a key deadline where it risks a default on its bonds, but world markets were calmer as investors and analysts ... ( read original story ...)
China celebrates Mid-Autumn Festival to kick off harvest season
As harvest season begins across China, people celebrated the Mid-Autumn Festival or so-called Moon Festival, one of the biggest events on the Chinese calendar. The round shape of the moon symbolizes ... ( read original story ...)
China’s Xi Jinping promises to halt new coal projects abroad amid climate crisis
The vow marks a shift in policy around its sprawling Belt and Road infrastructure initiative, which had already begun to draw down its coal initiatives. ( read original story ...)
IMF says China has tools to avoid Evergrande’s problems becoming systemic crisis
The International Monetary Fund on Tuesday said it is closely following developments surrounding China Evergrande Group , but believes Beijing has the tools to prevent the situation from turning into ... ( read original story ...)