• Energy

China: Power outages affect economic activity across the country

Energy 08/19/22, 22:23

The Asian giant is facing the worst energy crisis aggravated by drought. Water levels in the Yangtze River have dropped, reducing the amount of electricity produced in hydroelectric power plants. The temperature in cities around the Yangtze exceeded 40 degrees Celsius (104 degrees Fahrenheit), and the growing demand for air conditioning ...

China’s import of Russian oil soars 55%, Russia again top oil supplier

Energy 06/21/22, 08:16

China's oil import from Russia jumped 55% from a year earlier in May, helping Russia pass Saudi Arabia and regain China's top oil supplier after 19 months.  Data from the Chinese General Administration of Customs show that China imported nearly 8.5 million tonnes from Russia in May.  Reuters reported that the discount ...

China: the world’s largest electricity producer continues to import Russian electricity

Russia 06/12/22, 02:06

According to statista.com, China is the world's largest electricity producer so far, with nearly 7.8 trillion  kilowatt-hours generated in 2020.  However, due to the economy's rapid growth, the amount of electricity available is insufficient to fulfill manufacturing demands. The electricity consumption in China was about 8.31 trillion kilowatt-hours in 2021, a year-on-year ...