Developers asked to proceed with “caution” when it comes to BRI coal power projects currently under construction.

Investors are awaiting China’s April trade data due later in the session to gauge the scope of disruptions from covid-19 lockdowns.

China's iron ore imports in April fell nearly 13% to 86.06 million tonnes from the same period a year-ago.

Politburo reiterated its support for a lockdown-dependent approach to contain the virus.

High metals prices expected to cushion majors' weaker production and rising costs.

China's central bank said it would take monetary policy steps to help businesses hit by the covid-19 outbreak.

As they prepare for the next round of global climate talks in November, officials from rich countries are trying to pull together a series of multibillion-dollar packages to help poor countries phase out coal.