And to make matters worse, China is also facing an energy crisis fueled by skyrocketing coal prices as well as a working-age population that is getting old without enough resources to retire on.
The National Energy Administration has ordered grid companies ... announced by president Xi Jinping, for China's carbon emissions to peak this decade and for the country to hit carbon neutrality ...
China Says Greenhouse Gas Emissions ... driven by surging energy demand. Energy sector-related emissions in 2021 accounted for 11 billion tons, 76.9% of the total. Among the major sectors ...
despite subdued consumption in the cement and steel sector owing to the real estate crisis. China made notable progress in diversifying its energy sources, as the IEA expects it to account for ...
The name Evergrande is becoming as famous in 2021 as the name Lehman ... spooking markets. Energy shortages have also disrupted production in China, weighing on growth in the world's second ...
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