China’s manufacturing activity shrank for a third straight month in June, though at a slower pace, as increases in new orders, purchasing volumes and supplier delivery times signalled that policy …
China’s Zijin buys Kazakhstan gold mine for $1.2B ahead of overseas unit’s Hong Kong listing
China’s Zijin Mining (OTCPK:ZIJMF), one of the country’s largest miners of gold and copper, has struck a deal to buy the Raygorodok Gold Mine in Kazakhstan for $1.2 billion. The deal comes ahead of a …
Trump’s Tariffs May Push This American Company to Move Jobs to China
The experience of a company in the textile business illustrates how the trade war could force some industries to shift production out of the United States.
China’s Zijin Mining forks out $1.2 billion for gold mine in Kazakhstan
China’s Zijin Mining said on Monday it has agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion.
Ford’s CEO says China’s EV progress is ‘the most humbling thing’ he’s ever seen
“We are in global competition with China and it’s not just EVs. And if we lose this, we do not have a future Ford,” Jim Farley, the CEO of Ford, said.
U.S.-China trade truce doesn’t even address the ‘low-hanging fruits’: OCBC
Tommy Xie of OCBC discusses the trade agreement framework between the U.S. and China, and says that one potential “big solution” to China’s economic issues is structural reform regarding the rights of …
China’s tighter export controls squeeze wider range of rare earths
China’s export controls are spilling over into products beyond the rare earths and magnets officially identified by Beijing, threatening broader supply chain disruption and undermining US claims that …
China’s Ant Group invested $3.26 billion in R&D in 2024
SHANGHAI (Reuters) -Chinese financial technology firm Ant Group said on Monday that it has increased investment in research and development (R&D) for four consecutive years since 2021, reaching a …
Rupee to ride Asia FX rally on US-China trade cheer
The Indian rupee is likely to be well supported at open on Monday, aided by the strength in Asian currencies following positive trade-related developments between the U.S. and China.
China’s Zijin Mining to acquire Kazakh gold mine in $1.2 billion deal
China’s biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion. Zijin said its unit …