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Chinese coal use could get cleaner - Report

According to a new report, China's reliance on coal isn't going to change anytime soon but it could get cleaner.

Mr Ayaka Jones, general engineer of the US Energy Information Administration, said that "The delivery of this highly relevant and timely report helps the Western audience feel the pulse of development in China's energy and to open a dialogue between the West and Chinese experts."

The report she referred to was China Energy Focus 2014: Towards Clean Coal, which was released by China Energy Fund Committee in Washington on Wednesday.

Ms Anne Korin of the Institute for the Analysis of Global Security called the report, whichprovides facts and analysis on the latest developments in cleaner coal use in China,thorough, detailed and balanced and recommended everyone look at it carefully.

The CEFC report recognizes the urgency of cleaner coal utilization in China as a way to balance the need for affordable fuel sources for growth and mitigating the harmful effects associated with coal consumption.

The report pointed out that cleaner utilization of coal in China is usually comprehended in a broader sense that not only covers technological aspects like carbon mitigation, but also includes improving power plant efficiency, coal-based chemical conversions and coal preparation.

The report concludes that coal will remain the mainstay of China's energy development but that China is aware of and committed to mitigating the bad environment effects associated with extensive coal consumption.

China consumes 4 to 4.5 billion tonne of coal each year, almost as much as the rest of the world combined, according to the EIA, makingup 65% of primary energy consumption in China. In 2014, it dropped to 62%, but this figure is not expected to vary much in the next 30 to 50 years. It is predicted that by 2035, China's share of coal consumption could be above 40%.

According to Mr Zeng Xingqiu, vice-chairman of the Energy Research Center of China Investment Association, it is the case not only in China but in many countries.

Mr Andrew C O Lo, deputy secretary general of the China Energy Fund Committee, said that "China has to use coal. It's a truth that cannot be denied. But China has to use coal in a cleaner way."

Mr Jones said that "Clean coal use is urgent and immediate to reconcile the tension between the need to grow the economy and the need to protect the environment."

Mr Zhang Jiansheng, a professor of thermal engineering at Tsinghua University, said that "Coal use in China will get cleaner and cleaner, and can even be cleaner than nature gas."

Mr Zeng said that "Coal will inevitably be replaced by new energies. However, it is as yet impossible to limit the use of coal. It's too soon to start talking about a post-coal era."

Mr Zeng thinks that at present a common task among coal industries around the world is to promote the clean and efficient use of coal through an industrial trend.

Mr Charles Blum, president ofInternational Advisory Services Group, said that "The future of the world depends on the quality of US and China cooperation on a full range of issues. Especially, those directly impacting the quality of life around the world, like energy and environmental protection."

Mr Zhang said that "I hope the US government and researchers can work together with us to improve coal efficiency and improve the environment in China and also the world."

CEFC is a non-governmental, non-profit think tank engaged in energy strategy research, energy and public diplomacy, as well as global energy cooperation and cultural exchanges.

Source : CHINA DAILY
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Bahawalpur to have world’s largest solar power project

The Express Tribune reported that the world’s largest solar power project of 900 MW will be launched in Pakistan with an investment of USD 1.5 billion by Chinese company Zonergy Limited.

Talking to a group of journalists, Mr Yu Yong, Zonergy President, revealed that the project would be developed with cutting-edge technology and equipment would come from renowned manufacturers of Europe and China.

The project will be constructed in three phases and is expected to connect to the national grid by the end of 2016. It will be financed by Chinese financial institutions.

Initially, 50 MW will be added to the national grid by the end of August this year and then another 250 MW will be produced by the end of December. Thereafter, 100 MW will be added to the national grid every month.

The project will be located at the Quaid-e-Azam Solar Park in Bahawalpur covering an area of 4,500 acres. It is expected to generate 1.271 billion KWh of electricity annually, greatly easing power shortages in Punjab and neighbouring areas.

It will also promote local economic development and improve people’s livelihood. At least, 3,300 jobs will be created.

The solar power station, when completed, will save 394,000 tonne of standard coal and reduce 826,000 tonne of carbon dioxide emissions every year. It will become a 'solar oasis' in the China-Pakistan Economic Corridor programme and inject new energy into the deepening friendship between the 2 countries.

Mr Yu, Zonergy President, said that the project had great economic and political significance as it had been listed among the Early Harvest Projects in the CPEC roadmap.

He said that “The construction of this largest solar power project raises high level of requirement of capital, technology and management for Zonergy. With management advantages and international project development experiences, Zonergy is confident to build this project to be an exemplary one among CPEC projects and a new highlight in the China-Pakistan friendship.”

He stressed that the efficiency of government departments in Pakistan had improved and praised the political leadership for extending full cooperation in executing the project.

Responding to a question, Mr Yu said that ZTE was not the only investor in Zonergy, but it was the main shareholder. The company’s business was to establish solar power plants and undertake their maintenance.

Regarding the task of linking solar power with the national grid, he said that Chinese and Pakistani engineers would do this job collectively as connecting the solar and traditional electrical systems required highly technical experts.

Solar power production is not the only business of the company but certainly it is a major pillar.

Chinese banks had voiced concern over the high cost of maintenance of the solar power plant, but in the end they agreed to invest, he said.

Source : THE EXPRESS TRIBUNE
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China to start work on 6 to 8 nuclear power plants this year

Head of the country's nuclear energy association said that China will bring 8 nuclear power stations online this year and begin work on 6 to 8 more.

Mr Zhang Huazhu, head of the China Nuclear Energy Association, said that Currently, China has 26 units under construction, the most in the world.

There are 23 generators operating commercially, with a total capacity of 21.39 million KW.

The 11th China International Exhibition on Nuclear Power Industry opened on Wednesday with nearly 200 businesses and institutes from 10 countries taking part. Hualong One, China's third generation power project, is being promoted in Argentina, Pakistan and the United Kingdom.

Mr Zhang said that "China will have 30 million KW under construction and meet the goal of having 58 million kilowatts online by 2020."

Source : XINHUA
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Mr Obama proposes 30 year deal with China on nuclear power

Reuters reported that Mr Barack Obama, President of US, proposed a 30-year agreement to cooperate with China on nuclear power, a deal that would allow the transfer of material, reactors, components and technology between the 2 nations, if approved by the US Congress.

Source : REUTERS
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Deregulation and renewables can see China shake fossil fuels

From a climate change perspective, China’s carbon footprint is huge: It consumes nearly as much coal as every other country in the world combined. And it’s the world’s largest greenhouse gas emitter.

According to a study, but it may be possible for China to shake most of its reliance on fossil fuels, in part by producing more than 85% of its electricity and more than 60% of its total energy needs from renewables by 2050.

Showing that it’s feasible for China to fully embrace renewables to reduce its greenhouse gas emissions is critical as it heads into the Paris international climate negotiations in December, and as it works to achieve its emissions reductions goals under the climate pact China and the US struck in November. Under the pact, China agreed to peak its greenhouse gas emissions by 2030 and increase the use of non-fossil energy by 20%.

The study, by the China National Renewable Energy Centre and a variety of other Chinese organisations with support from the US Department of Energy, shows China can do a lot more than that.

It’s both technologically and economically feasible for China to rely on renewables for more than 60% of its total energy needs, including transportation, by 2050, the study says. On the way there, China has the ability to reach the peak of both its fossil fuel consumption and carbon dioxide emissions by 2025. China in 2050 could get more than 85% of its total electricity from renewables, 64% of of which could be from wind and solar power. Under that scenario, only 7% of its power would come coal after having developed more than 200 GW of electric power storage.

Mr Li Junfeng, director general of China’s National Center for Climate Change Strategy and International Cooperation, said at a news conference that “For this target, we need to work together, especially USA and China, both of which have large populations and big economies.”

Mr Wang Zhongying, director of the China National Renewable Energy Center, said that “Critics in China have said that the cost of renewables is too high to achieve those goals, but the high use of renewables in Germany and other European countries shows that China can do it too.”

He said that the environmental and social costs of coal-fired power plants outweigh the costs of developing renewables in China.

Many of those social costs are tied to China’s poor air quality, which in Beijing, Shanghai and other major cities, is some of the worst in the world, leading to significant public health problems. Air pollution alone has decreased life expectancy in northern China by 5.5 years, a problem that has led to water contamination and scarcity. The environmental problems connected just to pollution cost China about 3.5% of its GDP.

Mr Junfeng said that renewables replacing coal-fired power plants will go far to clean up both the air and water in China.

The Chinese study builds upon the US Department of Energy’s research showing that it’s technically feasible and cost-effective for the US to obtain at least 80% of its electricity from renewables by 2050 and that wind can supply 20% of US electricity by 2030.

Mr Samuel Baldwin, Chief Science Officer of the US Department of Energy’s Office of Energy Efficiency and Renewable Energy, said that “The bottom line is, within the US studies, you can do this. Within an operational level, the costs are quite reasonable.”

Mr Baldwin said that many of the myths about renewables including that renewables won’t be able to become a major supplier of energy because the wind doesn’t always blow and the sun doesn’t always shine can be cost-effectively overcome with technology and electric power system management as different kinds of renewable energy sources can work together to provide a steady stream of energy regardless of the weather or the time of day.

Mr Zhongying said that “That can only happen in China if the country deregulates its electric power market and establishes a competing market by 2025. If no such power market is established, “there is no hope for our study. The next 10 years is very important for China.”

Source : BUSINESS SPECTATOR
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Ondertussen in China:

"China wil verbod op stripteases bij begrafenissen

De overheid in China wil een verbod op stripteases en andere sexy dansen rond de kist bij begrafenissen. Mensen huren de laatste tijd steeds vaker strippers in om hun geliefden een laatste dansje te bezorgen en meer mensen naar de uitvaart te trekken. De autoriteiten noemen de dansen 'illegaal' en 'slecht voor de normen en waarden', meldt People's Daily."

www.ad.nl/ad/nl/1013/Buitenland/artic...
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China's coal cap policy could save 50,000 lives and USD 6.2 bln every year

According to a new study released by the China Coal Cap Project, a joint initiative of academic, governmental and non-profit researchers, with the support of the Natural Resources Defense Council and World Wildlife Foundation, China's proposed national policies to curb coal use will provide enormous air quality and health benefits to the public and coal industry workers, saving 49,000 lives and USD 6.2 billion in 2020.

The study examines the public health impacts of a national coal cap policy that caps coal consumption in 2020 at 4.1 billion tonne of coal, compared to a business-as-usual scenario in which China's annual coal consumption continues to grow to 4.8 billion tonne of coal in 2030. The report estimates that air pollution from coal use led to approximately 708,000 premature deaths in China in 2012 due to chronic obstructive pulmonary disease, ischemic heart disease, stroke and lung cancer. The air quality improvements from a national coal cap policy would save approximately 49,000 lives per year in 2020, 89,000 in 2030, 80,000 in 2040 and 51,000 in 2050, leading to economic benefits of USD 6.2 billion, USD 11.4 billion, USD 10.2 billion and USD 6.5 billion respectively. The graph below shows the estimated premature deaths (in units of 10,000 persons) from ambient PM 2.5 air pollution attributable to coal through 2050, with the reference scenario in red and the coal cap scenario in green.

The study also analyzed the impacts of a coal cap policy on the occupational health and mortality of coal mining and production workers, finding that a national coal cap policy would prevent approximately 800-1,400 cases of lung disease among coal mining and production workers per year between 2020 to 2050 and approximately 180-260 premature deaths per year from 2030 to 2050. 24,206 cases of occupation-related pneumoconiosis disease were reported in 2012, with 55% of these occurring in the coal mining and production sector.

The coal cap health study builds on prior analysis by the China Coal Cap Project which finds that coal combustion and utilization was responsible for about 62% of particulate matter, 93% of sulfur dioxide and 70% of nitrogen oxide pollution in China in 2012. The China Coal Cap Project also previously found the environmental and health costs from coal production, transportation and utilization amounted to CNY 260 per ton in 2012. In order to mitigate these environmental and health costs, the project recommends implementation of a national coal consumption cap target and policy in the next Five Year Plan, and the use of increasing resource, environmental and carbon taxes to account for the environmental and health costs of coal.

China is already leading the way in global renewable energy investment, having invested USD 89.5 billion in wind, solar and other renewables in 2014. Increasing investments in renewable energy and energy efficiency can help it to achieve a permanent capping and reduction of its total coal consumption as early as possible, while adding hundreds of thousands of jobs in energy efficiency and renewable energy. The recent 2050 high renewable energy penetration study led by the China National Renewable Energy Center charts a similar path, in which aggressive wind and solar development can lead to a peaking of coal consumption by 2020 and carbon emissions by 2025, with renewables accounting for more than 60% of China's primary energy and 85% of its electricity by 2050.

The health, economic and job benefits of capping coal consumption by greatly expanding renewable energy and energy efficiency are clear, and China is currently making strong efforts to speed up its clean energy transition. Setting an aggressive mandatory national coal cap target in the 13th Five Year Plan that comes out next March, and laying out a detailed policy roadmap for achieving it, will be important next steps in making these goals a reality.

Source : HUFFINGTON POST
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PetroChina boekt laagste winst ooit

MAANDAG 27 APRIL 2015, 17:53 uur | 7 keer gelezen

HONGKONG (AFN/BLOOMBERG) - PetroChina heeft in het afgelopen kwartaal zijn laagste winst ooit behaald door de sterk gedaalde olieprijzen. Dat blijkt uit cijfers die de grootste olie- en gasproducent van China maandag naar buiten bracht.

De nettowinst kelderde met 82 procent naar 6,15 miljard yuan (908 miljoen euro) in vergelijking met een jaar eerder. De omzet nam met 22 procent af naar 410 miljard yuan. De productie van olie en gas steeg met bijna 5 procent naar het equivalent van 381,2 miljoen vaten.

Vorige week maakte het Chinese oliebedrijf CNOOC ook al een forse daling van de omzet bekend onder druk van de lage olieprijzen.
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China drives global stainless steel output to 2014 record

Reuters reported that a jump in stainless steel output in top producer China drove global production to another record high last year, outstripping demand growth and weighing on prices.

According to the International Stainless Steel Forum, global stainless steel output rose 8.3 percent last year to a record 41.7 million tonnes, with output gains in all regions except central and eastern Europe.

China, which produces about half the world's stainless steel, saw output jump 14% YoY to 21.7 million tonnes, while the Americas saw output jump 15% to 2.8 million tonnes. China's 14% output growth rate was lower than last year's 18% rate but it was still enough to keep stainless steel prices depressed ST-CRUSTL-IDX.

Global prices are are at their lowest since last March and not far off a 4 year low hit in August 2013. Output in Asia excluding China rose by just 0.6% to 9.3 million tonnes, while output in Western Europe rose 1% to 7.6 million tonnes. Output in central and eastern Europe fell 0.6% to 277,000 tonnes.

Source : REUTERS
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China could get 85pct electricity from renewable resources by 2050

It is reported that the world’s largest consumer of coal could undergo a dramatic transformation in its energy profile in the coming decades.

According to the China 2050 High Renewable Energy Penetration Scenario and Roadmap Study, a nongovernmental report by Energy Foundation China, China could get 85% of its electricity from renewable resources by 2050.

Reducing the country’s dependence on fossil fuels, particularly coal, is both technically and economically possible, the report found. In fact, non-fossil fuel sources could account for 91% of China’s total power generation, a scenario in which coal-fired power generation would drop from 75% to less than 7%, without sacrificing reliability. Wind and solar would be China’s 'backbone' energy sources.

Mr Li Junfeng, DG for China’s National Center for Climate Change Strategy and International Cooperation, a sponsor of the report, said that “We hope that renewable energy in China can be developed quickly and on a large scale.”

Mr Li acknowledged that the report’s projections are ambitious but you can make a dream, at least.

He said that if China wants to become a developed nation, it’s important to switch from a heavy-industrial economy to a low-carbon economy, and renewable energy will play a key role in that.

Last year, China and the United States reached a carbon emissions agreement in which China committed to getting 20% of its energy from non-fossil fuel sources by 2030 and to capping its overall carbon dioxide emissions that same year. By the end of 2014, the country of 1.3 billion had cut its coal consumption for the first time in more than a decade.

Ms Melanie Hart, director for China Policy at the Center for American Progress, said that “If it’s going to move off coal, the country doesn’t have much in the way of traditional energy resources. What do they have at home that they can ramp up very fast? Solar and wind. It’s important to realize this study is aspirational, but, at the same time, what China has done over the past 10 to 20 years is to take things that seem aspirational and impossible, and not only do those things but go well beyond.”

Ms Hart said that “China’s move to renewables will be “the world’s biggest clean energy technology experiment. They are full speed ahead on renewable energy, and their motives are not the global community.”

Under pressure from its own population, battling this historic, costly, and unhealthy pollution has become a priority in recent years for China. China currently gets about two-thirds of its energy from coal, and coal is dirty. Air pollution has reportedly been responsible for 1.2 million premature deaths in China.

The report’s authors recognize that the goals outlined are ambitious but they also indicate the trend towards renewables is inevitable.

Th report said that “In the history of energy, it is an irreversible path that we will gradually move away from dependence on fossil fuels and transit to a ‘high renewable energy penetration’ future.”

Source : SOLARENERGY.NET
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MasterCard enthousiast over China

WOENSDAG 29 APRIL 2015, 20:31 uur | 72 keer gelezen

PURCHASE (AFN/BLOOMBERG) - Creditcardmaatschappij MasterCard is enthousiast over de mogelijkheden in China en zou al in 2016 in het land actief kunnen zijn. Dat zei topman Ajay Banga woensdag tijdens een bijeenkomst met analisten.

De Chinese regering maakte vorige week bekend dat zij het monopolie op bankkaarten opgeeft. Daarmee kunnen ook buitenlandse bedrijven als MasterCard en Visa per 1 juni voet aan de grond krijgen in het land. Na aankondiging van het nieuws door de Chinese overheid namen de aandelen van zowel Visa als Mastercard een vlucht.

,,China is een grote markt en we zouden er graag aan de slag gaan", zo zei de bestuursvoorzitter.
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Russia to supply gas to China via world’s biggest pipeline

Russia’s upper house of Parliament, the Federation Council, has ratified the plan to deliver 38 billion cubic meters of natural gas to China. The deliveries are slated to begin as early as 2018.

The bill hashes through the detail of exactly how the nearly 4,000 kilometer long pipeline will be built and operated. The document lays out the basic conditions for cooperation between the two countries on the project, including the design, construction and operation of the cross-border gas pipeline. The upper house ratified the motion on Wednesday, RIA Novosti reported.

Russia and China signed a document outlining the terms of gas supply to China via the Power of Siberia pipeline on October 13th 2014. The pipeline, the world’s largest, is scheduled to begin delivering 5 billion cubic meters of gas to China in late 2018 and become fully operationally in 2019.

In May 2014, Russia's Gazprom and China's CNPC signed a USD 400 billion deal to deliver 68 billion cubic meters of gas from Russia’s Siberian fields to China over 30 years. The Power of Siberia will deliver 38 billion cubic meters and will be built first, and the second western Altai route will follow. Mr Aleksey Miller, CEO of Gazprom, has said that the 2,600-kilometer Altai pipeline can be built 4-6 years after a final deal is inked.

The deal took more than a decade of negotiations between gas-hungry China and gas-rich Russia, and also came at a time when relations between Russia and the US and Europe deteriorated over the Ukraine crisis.

China is one of the world’s largest energy consumers, and imported more than 170 billion cubic meters of natural gas in 2013 and Russia is home to largest known reserves of gas.

Mr Putin, Russian President and Mr Zhang Gaol, Chinese Vice Premier, broke ground on the project in September.

Gas is set to start pumping from the Chayanda and Kovykta gas fields in the republics of Yakutia and Irkutsk to the Chinese border town of Blagoveshchensk.

Source : RT.com
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Minieme groei industrie China

VRIJDAG 1 MEI 2015, 07:26 uur | 250 keer gelezen

PEKING (AFN/BLOOMBERG) - De industrie in China heeft in april een minieme groei laten zien. Dat maakte de Chinese overheid vrijdag bekend op basis van haar eigen inkoopmanagersindex voor de industrie van de tweede economie van de wereld.

De index noteerde voor april een stand van 50,1, net als een maand eerder. Daarmee staat de graadmeter net boven de stand van 50, de scheidslijn tussen groei en krimp. Het cijfer geeft aan dat de zwakte in de Chinese industrie aanhoudt en versterkt de hoop op meer stimuleringsmaatregelen van de Chinese overheid.

Het Britse marktonderzoeksbureau Markit en de bank HSBC kwamen vorige week al met hun eigen inkoopmanagersindex voor de Chinese industrie. Die liet voor april een stand zien van 49,2, het laagste punt in twaalf maanden.

Kredietverstrekking

De industrie in China heeft te kampen met een aanhoudende zwakte bij de vraag uit binnen- en buitenland. Om de economie te stimuleren, heeft de overheid de kredietverstrekking door banken versoepeld en de rente verlaagd. De Chinese economie boekte in het eerste kwartaal van dit jaar de traagste groei sinds 2009.

De overheid maakte verder bekend dat de inkoopmanagersindex voor de dienstensector in het land is gedaald. Die ging in april naar 53,4, van 53,7 in maart.
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Chinese firm keen on 2000 MW power plant in Port Qasim

The News reported that a Chinese firm is interested in surface mining and installation of 2000 MW power plant in Port Qasim if given a block in the Thar coal field.

This eagerness was shown as the five-member delegation of China Coal & Power Investment Company called on CM Mr Qaim Ali Shah at CM House on Wednesday.

The CM said the visitors that the plant at the interested site would cause environmental issues as a couple of power plants were already functioning there. But the Chinese investors replied that they had the most advanced technology, which is environment friendly.

Mr Murad Ali shah, Sindh Finance and Energy Minister, suggested that the power plant could be installed at Keti Bandar if Thar coal was used, or at Lakhra, where coal deposits were in abundance.

Mr Murad said that the delegation that the distribution and transmission of electricity was the federal subject. Sindh government would facilitate them if they decide to proceed with the project.

The chief minister advised the Chinese delegation to visit the area in Thar and then decide about taking up the project. The visitors said that they had been to the coal field and would love to work with Sindh government.

On this, Qaim assured them that he would grant them more concessions if they complete the surface mining in time.

The CM added that the provincial government was committed to overcome the energy crisis by promoting investment in energy sector, particularly in alternate energy sector

He said that “We would not only welcome investment in energy sector but provide all technical facilities to the investors.”

Mr Agha Wasif, Sindh Secretary Energy, Mr Aijaz ali Khan, Secretary Special Initiative, Mr Allamuddin Bullo, Principal Secretary to CM and others were present at the meeting.

Later, the Chinese delegation held a meeting with Mr Aijaz Ali Khan, Secretary Special Initiative and it was decided that paper work on the project would be started at the earliest.

If all goes well, the Sindh government may allocate the Chinese firm block-11 or 12 of Thar coal field.

Source : The News
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'China onderzocht omkoping door Siemens'

ZONDAG 3 MEI 2015, 13:33 uur | 77 keer gelezen

PEKING (AFN/RTR) - Chinese toezichthouders hebben vorig jaar onderzocht of de managers van de medische divisie van het Duitse concern Siemens zich schuldig hebben gemaakt aan omkoping. Dat stelden drie ingewijden dit weekeinde tegenover persbureau Reuters.

De managers zouden ziekenhuizen kosteloos van medische apparatuur hebben voorzien in ruil voor bestellingen van dure chemicaliën die nodig zijn om de apparaten te laten draaien. De Britse farmaceut GlaxoSmithKline werd vorig jaar al voor bijna 500 miljoen dollar beboet in een soortgelijke zaak.

Een woordvoerder van Siemens liet weten niet op de hoogte te zijn van het onderzoek en weigerde verder commentaar. Volgens een ingewijde kan de Siemens-zaak, waarbij duizend ziekenhuizen werden doorgelicht, leiden tot een nieuw sectorbreed onderzoek. Ook Philips is actief in de medische markt in China, die een omvang heeft van circa 34 miljard dollar.
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Chinese industrie verzwakt in april

AMSTERDAM (Dow Jones)--De Chinese industriele sector is in april verzwakt tot het laagste niveau in een jaar tijd, blijkt maandag uit een graadmeter van HSBC.

De index die de industriele activiteit in het land meet, daalde na een definitieve meting tot 48,9 in april van 49,6 in maart. Dit was het laagste niveau sinds april 2014 toen de index uitkwam op 48,1. Een waarde onder de 50 betekent dat er sprake is van krimp.

"De economie is nog niet uitgebodemd", zegt Larry Hu, econoom bij Macquarie Securities. "Er zijn meer stimuleringsmaatregelen op komst."

Afgelopen vrijdag werd de officiele inkoopmanagersindex bekendgemaakt die uitkwam op 50,1, en dus op groei wees. Dit was hetzelfde niveau als in maart.

Volgens analisten wordt het verschil tussen beide graadmeters verklaard door het grotere gewicht dat de HSBC-index geeft aan kleinere, exportgerichte bedrijven in de private sector, terwijl in de officiele meting grote staatsbedrijven een groter aandeel hebben.


- Door Levien de Feijter; Dow Jones Nieuwsdienst; +31 20 571 52 00; levien.defeijter@wsj.com

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'Ook Philips op radar Chinese autoriteiten'

MAANDAG 4 MEI 2015, 07:51 uur | 404 keer gelezen

PEKING (AFN) - Chinese toezichthouders hebben vorig jaar onderzocht of de makers van medische apparatuur Philips, Siemens en General Electric zich schuldig hebben gemaakt aan omkoping en prijsafspraken. Dat meldde persbureau Bloomberg maandag op basis van ingewijden.

Onduidelijk is of er ook misstanden zijn ontdekt en of er een formeel vervolgonderzoek zal plaatsvinden. Afgelopen weekeinde meldde persbureau Reuters een soortgelijk onderzoek naar de activiteiten van Siemens.

Het onderzoek naar de bedrijven, die goed zijn voor circa 80 procent van de markt voor medische apparatuur als CT- en MRI-scans, volgde op de aankondiging van de Chinese president Xi Jinping die meer binnenlandse productie van medische apparatuur wilde.

Philips is volgens een woordvoerder niet op de hoogte van een mogelijk onderzoek van de Chinese autoriteiten. Daarbij houdt het concern zich volgens hem altijd aan de wetten en regels van de landen waarin het zaken doet.
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China warns steel bar makers of EU anti-dumping probe

Xinhua quoted the Ministry of Commerce as saying that the European Commission had issued a notice of initiation of an anti-dumping proceeding concerning imports of high fatigue performance steel concrete reinforcement bars originating in China.

The ministry said that this is the first anti dumping probe by the European Union into Chinese products.

A complaint was lodged on March 17, 2015 by the European Steel Association on behalf of producers representing more than 25% of the total EU production of high fatigue performance steel concrete reinforcement bars.

The investigation will decide whether the product under investigation originating in the country concerned is being dumped and whether the dumped imports have caused injury to the Union industry.

The investigation will last 15 months and the EU may impose provisional measures no later than nine months from the publication of the notice.

Source : Xinhua
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China solar power surges and leaves entire world behind

China issued an update on its solar progress this week and made every other solar-seeking country around the world feel kind of pathetic.

The National Energy Board said that 5.04 GW was installed in the first quarter of 2015. To put that in perspective, China’s three-month total was just a gigawatt shy of what the US installed in all of 2014 and it was a good year for the Americans, their best ever. And as an Australia-based renewable energy website noted, 5.04 GW is an amount the Australian government has said would be impossible to install within five years.

China is now at 33.12 GW. If it hits the official 2015 target of 17.8 GW, China this year will soar past Germany, at 38.2 GW but expected to add only around 2 GW in 2015 and claim the top spot in global solar. In its 2011-15 five-year plan for solar, China had been aiming to get to 35 GW by the end of this year, but it now appears likely to land as much as 10 GW above that figure.

The surge in the first quarter of the year puts to rest any doubt about the Chinese solar market, which had surprisingly fallen short of a 2014 target of 14 GW by more than 3 GW.

What’s driving solar growth in China? While in the United States and other Western countries the discussion centers on climate change, China has a motivations that are perhaps less abstract: Domestic installations support its vast solar manufacturing capacity and fossil fuel-generation is a major factor in its desperate pollution problems.

Source : Earthtechling
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China cuts subsidies for shale gas developers through to 2020

China will cut special government subsidies for shale gas developers in the next five years even as the country encourages explorers to produce more clean energy such as natural gas to replace coal.

The subsidies will be cut to 0.3 yuan per square meters from 2016 to 2018, and to 0.2 yuan from 2019 to 2020, China’s finance ministry said in a statement today, citing industrial development polices, technology advancement and cost changes as reasons, without elaborating.

Energy executives including PetroChina Co. Chairman Zhou Jiping have urged the government to extend the current 0.4 yuan per square meter subsidy to 2020 or 2030 to spur growth in the usage of shale gas.

The subsidy reduction will ’’certainly make it more challenging’’ for shale gas developers to keep already high production costs in check, said Neil Beveridge, a Hong Kong-based analyst at Sanford C. Bernstein.

The country needs to “open the exploration licensing wider to more private players” in order to copy the success of the shale boom in the U.S., Beveridge said.

China has reduced its shale gas production target for the end of the decade to around 30 billion cubic meters, or about a third of its original goal as difficult geology, lack of infrastructure and limited exploration rights conspire against shale-gas ambitions.

China, which has the world’s largest shale gas reserves, awarded 18 companies exploration rights in two auctions in 2011 and 2012, in an attempt to replicate the U.S. shale boom and cut its reliance on imports. Only one of these, state-owned energy giant China Petroleum & Chemical Corp., has started to commercially produce the fuel. It’s bigger rival, PetroChina Co., is also producing shale gas from its own reserves in Southwest China.

While China’s 1,115 trillion cubic feet of reserves are almost double that of the U.S., it plans to produce just 6.5 billion cubic meters of shale gas this year. That compares with the 266 billion cubic meters produced by the U.S. in 2012, according to latest government data.

Source : Bloomberg
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