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 …
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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 …
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 …
China Pledges to Stop Building Coal-Burning Power Plants Abroad
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…
UN: China 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.
In climate pledge, Xi says China will not build new coal-fired power projects abroad
Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad, using his address at the United Nations General Assembly to add to pledges to deal with …
China’s plunging diesel exports a boost to Asian refiners
Slumping diesel exports from China are proving a boon to other refiners in Asia, with the profit from producing the fuel rising to the highest in 18 months.
Study: Crypto Mining Has Already Used More Energy in 2021 Than It Did Last Year
Crypto mining has already allegedly used more energy during 2021 than it did during all of 2020 according to a new Bloomberg report.
State Department Plans ‘China House’ to Counter Beijing
The U.S. State Department is planning to expand the number of officials dedicated to monitoring China, a bid to track Beijing’s growing footprint in key countries around the wor …
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 …
China won’t build more coal plants abroad, Xi Jinping says.
One analyst called the announcement, which the Chinese leader made in prerecorded remarks to the U.N. General Assembly, “an important step by the world’s biggest provider of overseas coal finance.” …
China vows end to building coal-fired power plants abroad
Chinese President Xi Jinping told the United Nations General Assembly Tuesday that his country “will not build new coal-fired power projects abroad” and plans to boost support for clean energy in …
Biden, Xi Avoid Referencing One Another at U.N. as U.S. Leader Softens Tone on China
A detail in both leader’s remarks at the U.N. General Assembly come amid criticism of Biden’s attempt to forge a new relationship with an increasingly aggressive China.
