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The drop in imports does not bode well for exports in the coming months, as just under a third of China's imports are parts for re-export, particularly in the electronics sector.
Latest numbers out of China indicate the country's carbon emissions may have peaked last year
Authorities in China approved 7.1m tons of new steelmaking capacity in the first half, but it was all cleaner scrap-based electric arc furnace projects, researchers say. Meanwhile, the US has imposed tariffs on Chinese steel imported via Mexico
Carbon removal — which researchers say is essential to achieve net negative CO2 emissions — is yet to gain ground in India as officials remain focused on carbon capture and storage
The tendency of AI machines to invent facts, sources and details may prove a serious problem and cause it to have few viable outcomes, one analyst has warned
Six-month inquiry by a Chinese industry group will assess if Chinese firms lost business in Europe due to invesigations carried out by Brussels
India plans to begin work on dams in the northeastern Himalayan state Arunachal Pradesh, amid reports Beijing may also construct dams on the Brahmaputra river
Miner considering JV and a copper smelting base in China, as many western consumers will no longer buy metal of Russian origin since Moscow invaded Ukraine
Sales of passenger vehicles totalled 1.78 million in June, down 6.9% from last year, but exports were up 28% and sales of plug-in hybrids rose by 67%
Orban arrives for talks with Xi Jinping. He is believed to be negotiating a potential peace deal to end the war in Ukraine, as well as holding trade deals
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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