Crude imports were 5.64 million barrels per day (bpd) last month, a gain of a mere 0.4 per cent from April and 6 per cent below the record 6 million bpd in May last year.Thursday, 13 June, 2013, 5:03am
Worldwide, 13 million hectares of forests are disappearing every year. With so many of the world's forests already destroyed, we urgently need to protect what is left.25 Mar 2013 - 2:37am
Japan's trade deficit swelled to a record 1.63 trillion yen (HK$135 billion) on energy imports and a weaker yen, highlighting one cost of Prime Minister Shinzo Abe's policies that are driving down the currency.21 Feb 2013 - 6:07am
China has denied reports it passed the United States as the largest trading nation, saying that it still trails when the values of goods imported and exported by both countries are calculated using comparable free-on-board (FOB) prices.14 Feb 2013 - 4:53am
If you believe the media reports, China passed another milestone last year, overtaking the United States to become the world's biggest trading economy.14 Feb 2013 - 5:07am 8 comments
Gas imports by sea and pipeline will rise 24 per cent in 2013, according to China National Petroleum Corp (CNPC), the nation's biggest energy explorer. Crude purchases will climb 7.3 per cent and account for 58 per cent of total consumption, CNPC estimated in its annual research report released on January 30.8 Feb 2013 - 3:53am
Beijing aims to slow growth in energy use in a drive to contain its rising dependence on imported fuel.
The central government seeks to cap average annual growth in overall energy consumption at 4.2 per cent between 2011 and 2015, down from 6.6 per cent between 2006 and 2010, according to the 12th five-year energy development plan released yesterday by the State Council.25 Jan 2013 - 4:56am
The mainland's economic recovery seems to be gathering speed as manufacturing grew in December at its fastest pace in 19 months thanks to Beijing's stable economic policies, which are likely to be maintained this year.1 Jan 2013 - 3:49am
Mainland imports and exports will likely rise about 6 per cent this year, the slowest annual increase since the global financial crisis and far below the official target of 10 per cent growth.29 Dec 2012 - 4:58am
Henry Kissinger once said: "Control the food and you control the people."
With the largest population in the world and a growing demand for food, China has made boosting agricultural production a priority for decades. If China controls its own food supply, it is less likely to be controlled by external forces, or so the thinking goes.24 Dec 2012 - 5:05am