Hong Kong: Discount on diesel and liquefied gas
Rising fuel prices are leading to discounts at filling stations in Hong Kong. The city is subsidizing, among other things, commercial vehicles and ships with around €230 million.
By Marcel Grzanna
Rising fuel prices are leading to discounts at filling stations in Hong Kong. The city is subsidizing, among other things, commercial vehicles and ships with around €230 million.
By Marcel Grzanna
Despite lower volumes, Germany remains heavily dependent on rare earths from China. According to an analysis by the Friedrich Naumann Foundation, dependence on some individual elements has even increased.
By Fabian Peltsch
Vietnam’s government has extended the suspension of fuel taxes through the end of June. Faced with rising prices, the National Assembly passed a corresponding resolution.
By Ning Wang
China and Russia used their vetoes in the UN Security Council to block a resolution on safeguarding shipping through the Strait of Hormuz.
By Amelie Richter
During his Asia trip, Macron is presenting Europe as a stable partner in uncertain times. He is strengthening ties with Japan and South Korea in a bid to build a strategic axis between the continents.
By Amelie Richter
A Chinese ship has, for the first time, used an alternative route through the Strait of Hormuz. Despite price controls, oil prices in China rose, leading to long lines at gas stations.
By Fabian Peltsch
China has introduced temporary price controls for refined oil products in response to the Iran conflict, aiming to cushion the economic fallout. At the same time, Beijing is calling on all parties to halt military actions.
By Amelie Richter
The expert commission “to review the security-relevant economic ties between Germany and China” is meeting initially without MPs. It will advise the Bundestag at a later stage. You can find the list of members here.
By Angela Köckritz
To cover the expected summer surge in electricity demand, India is leaning more heavily on coal generation. Shortfalls in gas supplies – driven in part by the Middle East conflict – are forcing the government to subsidize energy companies’ costs.
By Ning Wang
After a landslide, an Indonesian authority has threatened to revoke the environmental permit of a Chinese nickel company. The IMIP Morowali industrial park is Indonesia’s largest nickel processing hub.
By Leonardo Pape