CHONGQING, China A year and a half ago, Chongqing Iron and Steel Corp (CISC) , China's oldest steelmaker, was rescued from the brink of bankruptcy in a deal hailed as a shining example of how struggling state companies can be revamped.
WASHINGTON/BEIJING/SHANGHAI U.S. President Donald Trump dismissed fears of a protracted trade war with China on Tuesday despite a warning from Beijing that labeling it a currency manipulator would have severe consequences for the global financial order. | Video
SHANGHAI/BEIJING Approvals for new coal mine construction in China have surged in 2019, government documents showed, with Beijing expecting consumption of the commodity to rise in the coming years even as it steps up its fight against smog and greenhouse gas emissions.
SHANGHAI/WASHINGTON U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a year-long trade war between the world's two largest economies. | Video
BEIJING/SHANGHAI Small steel mills in China are taking advantage of lax environmental enforcement to ramp up production ahead of bigger rivals, industry and government officials said, jeopardizing anti-smog targets and defying industry consolidation.
BEIJING/SHANGHAI, July 26 Small steel mills in
China are taking advantage of lax environmental enforcement to
ramp up production ahead of bigger rivals, industry and
government officials said, jeopardising anti-smog targets and
defying industry consolidation.
ULAANBAATAR/LONDON Mongolia will vote in August to rip up parts of an investment agreement with Rio Tinto for the Oyu Tolgoi copper mine, which may force the miner to make concessions in a project beset by delays and political squabbles.
SHANGHAI A new pledge by China to show "the highest possible ambition" in the fight against climate change could see the world's biggest greenhouse gas emitter introduce new and more stringent carbon targets next year, according to experts and policy advisors.