The apparent collapse of the joint-venture China-US construction of the world’s largest solar power plant has underscored the perils that can be faced by foreign companies trying to break into the lucrative Chinese market.
It also highlights the need for foreign companies to enlist business advisory firms with proven track records in assisting foreign companies to [...]

China National Petroleum Corp (PetroChina) announced on April 19 that the company has signed a long-term credit-for-oil deal and agreements with Venezuela to develop the Junin 4 oil block there in the capital Caracas, on April 17 local time.
PetroChina and China Development Bank, along with Venezuela Social Development Bank, state-owned Petroleos de Venezuela, Venezuelan Ministry [...]

Compressed profit margins for Chinese manufacturers may hold opportunity for northern Nevada, the state’s new trade representative in Shanghai said recently
Tighter margins during the global recession have led manufacturers to bring more of their logistics functions in-house, says Jeffrey Bernstein, and many look to launch West Coast distribution to serve markets in the United States, [...]

The Middle Kingdom is expected to continue in its new role as a major coal importer. According to the China Electricity Council, it is expected to consume 1.6bnt of thermal coal in 2010, compared to the 1.56bnt burnt in 2009.
This will be driven by a predicted nine per cent increase in power demand. This trend [...]

On May 1, Expo 2010, in Shanghai, will open its doors to the world. About 70-million visitors are expected in the Chinese metropolis. ?It is supposed to be the first green world exhibition in expo history.?
Siemens supplied most of the necessary infrastructure to ensure that the stream of visitors are accommodated in an environment-friendly manner. [...]

Since the offshore drilling plans Obama announced Wednesday will not inject more oil into the supply chain immediately, don’t expect for the news to be a major market mover after the initial euphoria wears off, Flynn said. In the meantime, investors will be looking ahead to the government’s latest unemployment numbers on Friday.

A U.S.-based solar power company has entered into a large-scale agreement with a Chinese power equipment manufacturer that will lead to the creation of solar thermal power plants across China that will generate at least 2 gigawatts of power.
The deal, which was signed last week in the Chinese State Council building, will partner U.S. solar [...]

China’s plans to build 2,000 megawatts of solar thermal power using technology from a California company, eSolar, will also include the construction of biomass power plants to generate electricity when the sun sets.
The solar and biomass plants will share turbines and other infrastructure, reducing the projects’ cost and allowing around-the-clock electricity production, according to Bill [...]