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Energy & Resources

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Sinopec case puts biofuel policy in spotlight
Feb 27, 2015 (WiC 272)

Emperor Xuanzong was not impressed. The seventh and longest reigning ruler of the Tang Dynasty had rejected three successive envoys bearing horses as tribute from a neighbouring ruler. Getting desperate, the Turkic leader wrote the emperor a ...

Here comes the sun king

Is Hanergy’s Li Hejun really China’s richest man?
Feb 13, 2015 (WiC 270)

In the 2009 novel The Curse of Forbes, the protagonist describes the likely fate of those who find themselves on the magazine’s list of Chinese billionaires. “If you get onto it, you’ll be dead meat in no time,” is the warning. ...

China scraps rare earth export cap
Jan 16, 2015 (WiC 266)

Back in April 2009 we wrote an article about a proposal being made by Zhou Hongyu, a member of China’s parliament, the National People’s Congress. He was not a high-profile politician in the mould of Bo Xilai, but his initiative was set to ...

Nuclear reaction

What does CGN’s IPO reveal about China’s atomic ambitions?
Dec 5, 2014 (WiC 263)

The people of Hong Kong have long been considered to be less interested in political campaigning, and more absorbed with making money. But in August 1986, a million locals signed a petition opposing China’s plan for a nuclear plant at Daya Bay. ...

A crude point of view

China may benefit from cheaper oil but will its energy firms suffer?
Nov 28, 2014 (WiC 262)

A little over a decade ago officials from the Organisation of Petroleum Exporting Countries (OPEC) were talking glumly about oil prices falling as low as $22 a barrel. Meeting in Algiers in February 2004 to coordinate a production cut, ...

Is Chaori’s bailout bad for GCL-Poly?
Nov 21, 2014 (WiC 261)

It aspires to become the “Huawei of the photovoltaic industry” but so far, investors have given the thumbs down to GCL-Poly Energy’s restructuring plan. The Hong Kong-listed group’s share price started tumbling in late September when ...

Fault lines in Shell and CNPC’s shale gas project
Oct 31, 2014 (WiC 258)

China may have the world’s largest reserves of shale gas, but can it follow the American and Canadian example in extracting them? Although still at an early stage of its shale development plan, the government has set ambitious targets, with ...

Can Japan’s solar boom help Chinese firms?
Sep 12, 2014 (WiC 252)

When it comes to the construction of mindblowingly large infrastructure projects we tend to think these days of China, not Japan. However, Kyocera sought to rectify that last year when the tech giant opened Japan’s biggest solar power plant, ...

Into the tiger’s den

State coalminers cut output as massive anti-graft drive shocks Shanxi
Sep 5, 2014 (WiC 251)

"The executive meeting of Shanxi’s provincial Party Standing Committee commences today,” Shanxi Governor Li Xiaopeng is said to have announced last week. “Of the 13 standing committee members, five were arrested, four are in meetings with ...

State Grid rolls out expansion in Europe
Aug 22, 2014 (WiC 249)

Winston Churchill memorably described Russia as “a riddle, wrapped in a mystery, inside an enigma”. In WiC’s view the same quote might equally be applied to China’s electricity behemoth, the State Grid – a company we have followed ...

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