Aluminum jumped on Friday after China said it would cancel a tax rebate that’s helped fuel a decades-long boom in exports and shielded an industry prone to overcapacity.
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China tells Canada it should cancel tariffs on Chinese products
Chinese Foreign Minister Wang Yi told Canada’s Foreign Minister Melanie Joly on Friday that Canada should cancel tariffs on Chinese products, according to Chinese state media.
China launches Tianzhou 8 cargo mission to Tiangong space station (video)
Tianzhou 8 will dock with the Tiangong space station a few hours after launch, delivering supplies for the Shenzhou 19 astronauts. Commander Cai Xuzhe, 48, and rookie astronauts Song Lingdong, 34, a former air force…
China Suspends Popular Trading Platform From Adding New Clients
China’s market watchdog ordered Hithink RoyalFlush Information Network Co. to suspend its investment advisory service unit from adding new clients for three months as its live streaming business failed to comply with the securities rules.
China Ends Export Tax Rebate for Aluminum, Copper From December
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
US Ally Receives New Chinese Warnings About South China Sea
Chinese Defense Ministry spokesperson Zhang Xiaogang said “external countries”—a hint at the United States—were sowing discord in the contested waters by joining multilateral naval exercises with the …
As Trump return looms, China’s Xi at APEC criticises protectionism
With Donald Trump’s imminent return to the U.S. presidency looming over the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Chinese President Xi Jinping said on Friday that unilateralism and …
U.S. companies could be caught in the crosshairs if China retaliates to fight Trump
U.S. companies are increasingly concerned a hardline approach could stunt their prospects in the world’s second largest economy – and turn them into targets of Chinese retaliation. China’s retaliation tactics could range from economic changes…
Humanoid robot may fly on China’s Chang’e 8 moon mission in 2028
A Chinese mission to test resource technologies at the moon’s south pole is taking shape — and may even include a humanoid form.
Aluminum Soars as China Cancels Tax Incentive on Exports
Aluminum jumped alongside all other industrial metals after China canceled a tax rebate on exports of certain commodities.
Will it be deal or no deal in the Trump era of US-China relations?
Participants in the US-China Hong Kong Forum see potential and potholes in what could be a rocky road over the new few years.
Aluminum Soars as China Cancels Tax Incentive on Metal’s Exports
Aluminum jumped alongside all other industrial metals after China canceled a tax rebate on exports of certain commodities.
China’s Alibaba Manages 5% Revenue Advance as Profits Are Lifted by Investment Gains
Alibaba Group, China’s e-commerce, entertainment and tech giant, reported a 5% increase in revenues to RMB237 billion ($33.7 billion) in the three months to September. It reported a 63% increase in …
