G8 nations are pressing China to end its fuel subsidies as oil consumption and world prices climb.
Experts are considering an international system to fight speculation in food prices, but questions persist about how coordinated grain reserves would be used.
China’s subsidy costs for food and fuel are soaring while the country tries to cope with damage from the Sichuan earthquake. Experts say the government can’t indefinitely afford the combined burdens of recovery and price controls.
The Sichuan earthquake will drive up demand for steel for rebuilding—which some say will cause massive damage to the environment.
China’s government is fighting to curb food prices in the aftermath of the Sichuan earthquake. Economists argue the country should keep markets open to prevent shortages rather than impose new price controls.
Countries throughout Asia are likely to feel the impact of Burma's Cyclone Nargis as lost rice production pushes prices higher. The storm has damaged areas that account for 65 percent of the country's rice output.
Soaring oil prices have forced China to speed up subsidies for fuel suppliers as the cost of the government’s policies continues to grow, experts say.
China’s growing reliance on the energy wealth of Xinjiang is a major concern for the government in connection with protests in neighboring Tibet, analysts say.
China’s government is pouring more money into its battle against inflation, but experts say its latest food subsidies are a sign that its policies have already failed.
China’s government is paying record subsidies to keep fuel costs under control for consumers, but the policy is contributing to shortages and energy waste, analysts say.
China plans to begin importing Central Asian gas by 2011 through what will be the world’s longest pipeline once it is built. But the huge $27 billion project is unlikely to be complete in three years, experts say.
China’s recent snowstorms may do little damage to the country’s economic growth this year if the government follows sound policies, experts say. But they warn that continued price controls will spur shortages and add to strains on power supplies.
China has failed to implement a key program that could cut pollution from industrial plants, a top regulator said this month.
Massive power failures during China’s recent snowstorms have exposed the system’s weakness and vulnerability to reliance on coal, experts say.
China’s government is defending its economic policies amid mounting criticism over shortages and price controls, experts say.