India plans to triple its rare earth magnets initiative to $788 million, aiming to reduce reliance on China despite challenges.
Sinopec in talks to buy China’s leading jet fuel distributor, Bloomberg News reports
The world’s largest refiner by capacity, Sinopec Group, is in talks to buy the country’s dominant jet fuel distributor, China National Aviation Fuel Group (CNAF) in a government-initiated move, Bloomberg News reported on Monday.
China’s finance ministry sets up new debt management department
China’s Ministry of Finance set up a new debt-management department, it said on Monday, the latest step in its effort to rein in local debt risks as the economy slows.
K-pop prospects brighten on China market hopes as Seoul and Beijing sign content exchange deal
K-pop prospects have brightened after Seoul and Beijing signed a content exchange deal, potentially paving the way for South Korean entertainment to re-enter the Chinese market. — CNBC’s Blair Baek contributed to this report. It’s one of the most-consumed drinks the world, so it’s good to know what it’s doing to us.
Russia says PM Mishustin’s visit to China ‘very important’
(Reuters) -Russian Prime Minister Mikhail Mishustin on Monday departed for a two-day visit to China, with planned talks with President Xi Jinping and Premier Li Qiang expected to centre on economic and technological cooperation despite pressure from the West.
China leads way in EV revolution
CHINA is strengthening its position as the global leader in electric mobility, with near-universal satisfaction among domestic users.
Vietnam Is Building Islands to Challenge China’s Hold on a Vital Waterway
The contested South China Sea boasts rich oil and gas reserves and could play a key role in a conflict over Taiwan.
Indonesia’s China-backed bullet train derailed by mounting debt
The Indonesian government is in debt negotiations with China over its $7.3bn “Whoosh” bullet train, as the Beijing-backed high-speed railway racks up losses and risks creating an unmanageable debt …
On the heels of trade war truce with China, Trump says “we’re always watching them”
During the meeting, Mr. Trump and Xi struck a one-year trade deal that, for now, averts the escalating tension between the two economic superpowers. Mr. Trump told us that in exchange for lower …
Gold Falls on Reports of China’s Finance Ministry Ending Tax Incentive for Gold Sales
Gold fell in the early Asian session on reports that China is ending a tax incentive for sales of the precious metal, effective Nov. 1.