The price of spot iron ore for delivery to north China has fallen in recent sessions as the market struggles to work through a competing series of both bullish and bearish factors. ( read original…
Tagged By import
Iron ore recovers as Port Hedland shipments to China hit two-year low
Benchmark Asian iron ore futures rose on Thursday as data showed monthly shipments of the steelmaking ingredient to China from Australia’s Port Hedland dropped to the lowest in two years. Shipments … ( read original…
Prada’s Patrizio Bertelli on Size, China, Not Selling Brands and Store Experience
Prada’s CEO discussed the group’s 2020 performance clarifying his position on digitalization and brick-and-mortar, while eyeing long-term growth. ( read original story …)
The Tactics People Are Using to Get Their Money Out of China
There’s an official program for trading Hong Kong stocks, for instance, which crucially doesn’t include IPOs. Depending on the severity of the breach and the amount of money involved, potential … ( read original story…
Taiwan bursts with creative pineapple dishes after China ban
The spiky fruit became a politically charged symbol after China banned the import of Taiwan’s pineapples on March 1, citing pests. In response, Taiwanese President Tsai Ing-wen kicked off a social … ( read original…
Blinken calls for China to provide international access to Xinjiang region
During testimony before Congress Wednesday, U.S. Secretary of State Antony Blinken called on China to provide international access to the Xinjiang region amid accusations of genocide against the … ( read original story …)
China’s coal imports from Russia may increase as supply from Australia ‘expected to decline’
China remains Russia’s biggest trading partner, but the trade deficit rose to US$5.84 billion at the end of 2020. ( read original story …)
Chinese App Company Meitu Engages in Big Crypto Buy
Chinese app maker Meitu has announced that has become the latest company to buy several shares of both ether and top crypto asset bitcoin. ( read original story …)
President Biden’s second big bill may be China package pushed by top Senate Democrat
With fate of Biden infrastructure package unclear, Sen. Charles E Schumer pushes bill to curb China’s influence. ( read original story …)
China Mulls Stricter IPO Regulations For Shanghai’s STAR Board
Companies looking to file publicly on Shanghai’s STAR board could face stricter rules by China regulators that would require them to prove their techn chops. ( read original story …)
China Weighs Tighter Rules on STAR Board IPOs, Fintech Curbs
China is considering tighter rules for first-time share sales on Shanghai’s Nasdaq-style STAR board that will require firms to prove their technology credentials and raise the bar for companies such … ( read original story…
China Remains Top US Trade Partner, Mexico No. 2
Canada was third with $45.8 billion. China’s total trade with the U.S. rose 28% to $52 billion in January, with imports to the U.S. increasing 18% to $39 billion. Cell phones, related equipment, … (…
Another Industry Takes Hit From Global Chip Shortages: Crypto Mining
Cryptocurrency mining has only surged in popularity heading into 2021. Like many other industries, the mining sector is now facing the repercussions of global chip shortages, notably in China. ( read original story …)