China’s primary aluminium smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country in the form of semi-manufactured products.
FINANCE
Analysis-Debt woes and funding needs in focus as China hosts African leaders
A China-Africa summit in Beijing this week takes place as a continent slowly emerging from a series of defaults seeks to define its future cooperation with the Asian nation that partly fuelled its …
China, Nigeria to push for regional monetary, financial cooperation
China and Nigeria will encourage flexible and diverse regional monetary and financial cooperation, such as local currency swaps, to promote bilateral trade, according to a joint statement published by Chinese official news agency Xinhua.
Africa: China to Seek More Influence in Africa At Crucial Beijing Summit
China is welcoming more than 50 leaders from across Africa as it kicks off its ninth Forum on China-Africa Cooperation in Beijing. The event aims to bolster China’s influence on the continent amid …
China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks
China is considering cutting interest rates on as much as $5.3 trillion of mortgages in two steps to lower borrowing costs for millions of families while mitigating the profit squeeze on its banking …
Top Global Banks See China Struggling to Hit 5% Growth Target
A vast majority of global banks now expect China’s economy to grow less than 5% this year, with Bank of America Corp. the latest to slash its forecast and joining the likes of Goldman Sachs…
China to seek more influence in Africa at crucial Beijing summit
China is welcoming more than 50 leaders from across Africa as it kicks off its ninth Forum on China-Africa Cooperation in Beijing. The event aims to bolster China’s influence on the continent amid …
China’s fiscal revenue down 2.6 pct in Jan-July
China’s fiscal revenue dipped 2.6 percent year on year in the first seven months of this year, official data showed.This was reported by The Xinhua News …
China’s fiscal revenue down 2.6 pct in Jan-July
China’s fiscal revenue dipped 2.6 percent year on year in the first seven months of this year, official data showed.This was reported by The Xinhua News …
PRESS RELEASE: Global Finance Names The Stars of China 2024
Global Finance is proud to present the winners of the 17th annual Stars of China Awards, honoring the best Chinese banks, fintech companies, asset management firms and enterprises serving China and …
Factbox-What to expect from the Forum on China-Africa Coopeeration Summit
China’s President Xi Jinping will open the ninth Forum on China-Africa Cooperation Summit on Thursday, where he is expected to urge African leaders gathered in Beijing to absorb more Chinese goods in …
Climate finance: EU mulls how to make China step up
Ahead of the upcoming world climate conference, the EU will continue to insist that China and other large emitting countries pay their fair share of climate finance – but how remains subject to …
The ‘glory days’ for global automakers in China are over
Foreign automakers have dominated China’s car market for decades, selling millions of vehicles and raking in enormous profits. That golden era is now coming to an abrupt end.
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