The spot price of iron ore has climbed to a five-month high amid improving sentiment and some supportive fundamentals in China, the world’s top buyer of the steel raw material.
BUSINESS
China hits back at EU over EV probe, calls for talks after bloc’s protectionist move
European Union launched an investigation into subsidies in China’s electric vehicle market earlier this week, with the Ministry of Commerce on Thursday saying the ‘move will severely disrupt and …
China’s ‘Teapot’ Refiners Mop Up Swelling Iranian Crude, Defying US Curbs
Appetite for Iranian crude is growing in China, the world’s biggest oil importer, after the extension of supply cuts by Saudi
China trade: 4 takeaways from August’s data as exports fell for a fourth consecutive month
China’s exports fell by 8.8 per cent in August compared with a year earlier, while imports fell by 7.3 per cent last month Exports to most of China’s major trading partners also continued to shrink…
Arm CEO: China business reflects growth we see in the rest of the world
Rene Haas, Arm CEO, and Masayoshi Son, SoftBank chairman & CEO, join ‘Squawk Box’ to discuss Haas’ thoughts on the company’s global business, Son’s sense of the risk of doing business in China, and …
China promotes economic ‘integration’ with Taiwan while militarily threatening the island
China is promoting new economic opportunities for Taiwanese people while at the same time ramping up military activity around the island it claims as its own.
PE prices rise; strong exports to China keep market balanced
Market watchers said that higher exports from North America tightened domestic supplies of the material and allowed the August hike to take hold, even though polyethylene demand in the region hasn’t been strong this year.
Jonathan DT Ward on US businesses in China: Business leaders need to do their patriotic duty
Atlas Organization founder Jonathan D.T. Ward discusses China’s claims that it hasn’t banned purchase, use of foreign phone brands and national security concerns over investments in Beijing.
China accuses the EU of protectionism over probe into EV exports
HONG KONG (AP) — China’s Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying Thursday that it is a “protectionist” act aimed at distorting the supply…
Hong Kong’s crypto adoption ranking drops one spot in Chainalysis report as city tries to woo virtual asset exchanges
Hong Kong and mainland China both fell one spot for 47th and 11th, respectively, as lower-middle-income countries like India and Vietnam show a greater appetite for crypto.
China says EU probe into Chinese electric vehicle exports, subsidies is protectionist
China’s Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying it is a protectionist action aimed at distorting the supply chain …
US’ decision to restrict chip exports to China hurts both sides
The United States’ decision to not sell its most sophisticated chips to China will hurt the interests of enterprises in both countries, said Ministry of Commerce on Thursday.
China’s ‘teapot’ refiners mop up swelling Iranian crude, defying U.S. curbs
Appetite for Iranian crude is growing in China, the world’s biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices , while Tehran is stepping up output and…