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China gives new backing to coal even as clean energy accelerates

BLOOMBERG China signalled coal will retain its role as the country’s mainstay fuel even as the government continues to support the expansion of its world-leading clean energy industry. The nation that mines and burns more than half the world’s coal will keep supporting the fuel, while targeting more efficient consumption and advanced production techniques, according to government reports released Sunday ...

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China sets for weak showing as growth target disappoints

BLOOMBERG Chinese markets may come under pressure again on concerns that authorities will withhold stimulus after unveiling a conservative economic growth target that is below many investors’ expectations. The consensus-lagging growth goal of around 5% for 2023, as Premier Li Keqiang outlined in a key address to open the National People’s Congress, suggests strong monetary or fiscal help may be ...

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Thailand spent $12.8b in 3 years to fight Covid-19

BLOOMBERG Thailand spent a total of 444 billion baht ($12.8 billion) on public health during the three years of the pandemic to contain the spread of Covid-19 and vaccinate its population, according to the Ministry of Public Health. The cost of testing and treating people for Covid accounted for more than half the total spending at 260 billion baht, the ...

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