New analysis has showed China's iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand. Demand has usually shrunk in the fourth quarter every year, especially in north China, and the corresponding ...
Tags: Iron Ore Price
As the Chinese economy firms with recent upbeat data, analysts expect a reform package to be unveiled in a key plenum this weekend to bring changes not only to China but to reinvigorate the global economy, which has been in a slow recovery. ...
Tags: China's Reform
As of November 4, inventory of iron ore at 25 major Chinese ports amounted to 77.82 million mt, indicating an increase of 1.29 million mt or 1.68 percent week on week, as announced by China's Xinhua News Agency on November 4,. As of the ...
Tags: Iron Ore, Metallurgy, Mineral
China's manufacturing sector is gradually gaining strength and paving the way for a steady economy, two surveys showed Friday, though mixed signals remain in areas including new orders. China's official Purchasing Managers' Index (PMI) ...
Major Chinese industrial firms saw their profits rise 13.5 percent year on year in the first three quarters, a faster pace than the 12.8-percent growth rate in the January-August period, the National Bureau of Statistics (NBS) said on ...
Rising domestic demand provides firm basis for expansion in the industrial sector British bank HSBC Holdings Plc said that China's manufacturing Purchasing Managers' Index will rise to a seven-month high of 50.9 in October, up from 50.2 ...
Tags: domestic demand, Chemicals
Less tax for small businesses and more financial support for local government are on the cards as the Chinese leadership considers to start reforming the fiscal system. On August 1, the turnover tax was replaced by a value-added tax (VAT) ...
Tags: Fiscal Reform
China has this week ordered 58 companies, ranging from steel, coke and cement producers, to cut excess production capacity by the end of the year, in the latest attempt to ease overcapacity in bloated sectors. This is the third batch of ...
Tags: Overcapacity, Metallurgy
Mooncake is being snubbed in China for the first time anyone can remember, despite of the forthcoming Mid-Autumn Festival, while the fate of crabs is only a little bit better - or worse, depending on your point of view. Luxury mooncakes - ...
Tags: Mooncake, Mitten-Crab
As the anticipated U.S. decision to put an end to the quantitative easing policy has sent jitters across the markets of emerging economies, and has led to mounting concern over a capital exodus, the Chinese government has geared up to do ...
China has made changes to its railway safety management system and a new regulation will be effective from Jan. 1, a statement released by the State Council, the cabinet, said Friday. Released under an administrative decree signed by ...
A leading official from China's food and drug watchdog has called for enhanced testing to tackle outstanding issues in the country's food and drug sector. Sun Xianze, a member of the Communist Party of China group of the China Food and ...
Tags: Food, Drug Testing
The Shanghai Steel Trading Center was established in Baoshan District in the morning of May 31, with steel products online sales, supplies procurement, circulation processing and supply chain financing as its main function. The center will ...
Russia and China may reach a basic agreement on the supply of Russian gas to the Asian giant by the end of March -- in time for the visit to Moscow by Xi Jinping, secretary general of the Communist Party of China -- Russia's deputy prime ...
Tags: Gas Supply, Chemicals, basic agreement
In the year of 2012, in face of the increasingly complicated and severe international situation and arduous tasks of domestic reform, development and stability, the Central Party Committee and the State Council took scientific development ...