China State Media Urges U.S. to Drop Win-At-All-Costs Trade Stance

China State Media Urges U.S. to Drop Win-At-All-Costs Trade Stance

Instead of waging a trade war with China, the United States should drop its win-at-all-costs mentality and consider the interests of its own people as well as the global community, the official People’s Daily said an editorial on Saturday...

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Dalian iron ore rises as supply crunch concerns persist

Dalian iron ore rises as supply crunch concerns persist

China’s iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand. Mining giant Rio Tinto on...

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Chinese firms plan rare earth manufacturing hub in Hebei

Chinese firms plan rare earth manufacturing hub in Hebei

A group of Chinese firms have jointly established a rare earths innovation centre in the country’s Hebei province as part of a plan to develop a manufacturing base in the region, according to the local government hosting the project. The move...

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China News Weekly 115 – China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

China News Weekly 115 – China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

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China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

A unit of Desai Battery Technology will construct a CNY2.6 billion (USD375.4 million) plant in southern Guangdong province to make power units for Internet of Things devices in order to improve its product offering. Desai Battery plans to pen a...

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US military firms likely to face China rare earth restrictions – Global Times

US military firms likely to face China rare earth restrictions – Global Times

Military equipment firms in the United States will likely have their supply of Chinese rare earths restricted, the Global Times said on Monday, after China’s state economic planner confirmed industry experts have proposed export controls. China...

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China’s Ganzizhou Rongda Lithium restarts spodumene mine after 5 years

China’s Ganzizhou Rongda Lithium restarts spodumene mine after 5 years

Chinese lithium firm Youngy Co Ltd’s wholly owned subsidiary, Ganzizhou Rongda Lithium Co Ltd, resumed production at its spodumene – a hard-rock mineral used for lithium – mine on June 10, an official told Reuters on Thursday. Strong demand from...

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China Will Further Open Banking, Securities and Insurance Sectors: Regulator

China Will Further Open Banking, Securities and Insurance Sectors: Regulator

China’s top banking and insurance regulator said on Thursday the country plans to further open up its banking, securities and insurance sectors. Guo Shuqing, head of the China Banking and Insurance Regulatory Commission (CBIRC) told a...

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Morgan Stanley Wants Majority Stake in Chinese Joint Venture: CEO

Morgan Stanley Wants Majority Stake in Chinese Joint Venture: CEO

Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday. Morgan Stanley, the sixth-largest U.S. bank by assets...

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China News Weekly 114 – China Rolls Out New Policies to Boost NEV, 5G Product Buying

China News Weekly 114 – China Rolls Out New Policies to Boost NEV, 5G Product Buying

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China Minmetals Rare Earth starts new mining project in Hunan

China Minmetals Rare Earth starts new mining project in Hunan

China Minmetals Rare Earth, one of the country’s largest rare earth miners, has begun construction of a new mining project in the central province of Hunan, the company said on Tuesday. The project in Jianghua county is expected to begin...

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