The Qianhai Mercantile Exchange (QME), a mainland China spot commodities platform owned by Hong Kong Exchanges and Clearing Ltd, said it started trading in copper rods on Friday, adding to existing trade of alumina and aluminium products. A total...
Read moreChina will impose an extra 5% tariff on imports of copper scrap and aluminum scrap from the United States from Dec. 15, according to a list of retaliatory tariffs published by the Ministry of Finance late on Friday. Beijing had already levied a...
Read moreTianqi Lithium Kwinana, a subsidiary of China’s Tianqi Lithium, has landed a five-year contract selling lithium hydroxide to LG Chem. The Western Australia-based unit will sell at least 15 percent of annual output at its new production...
Read moreChina has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering the country since May...
Read moreExchange rate fluctuations are different from financial wars, and China’s regulators are fully prepared to deal with such volatility even if trade frictions escalate, Lu Lei, deputy director of China’s State Administration of Foreign...
Read moreChinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in...
Read moreChina’s central bank said on Saturday it will improve the mechanism used to establish the loan prime rate (LPR) in a move to further lower real interest rates for loans in a market-based way. China’s LPR quotations will be based on...
Read moreCanada’s Ivanhoe Mines (TSX:IVN) has received a second major strategic investment of C$612 million (about $490m) from its largest shareholder, China’s state-owned CITIC Metal, that will be used towards speeding up construction of a giant copper...
Read moreThe 595 Chinese domestic A-share listed companies that released first-half financial reports yesterday logged an aggregate net profit of CNY328 million (USD47 million), up 22 percent from a year ago. Of these, the net profit of 64 increased over...
Read moreChina will launch a new round of safety inspections on coal mines across the country from late August until end-September, the country’s coal mine safety watchdog said on Wednesday. The checks follow a spate of fatal coal mine accidents that...
Read moreClick here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click the button below to subscribe.
Read moreForeign direct investment (FDI) in China rose 7.3% from a year earlier to 533.14 billion yuan ($75.56 billion) in the first seven months of this year, the Commerce Ministry said on Tuesday. In July, FDI into China grew 8.7% from a year earlier to...
Read more
