中国国际矿业大会 CHINA MINING
中国国际矿业大会 CHINA MINING
The US has been continuously "causing troubles" for the Chinese steel sector, so China must "have the guts to say no to them" and find their weak spots, said an official of the China Iron and Steel Association (CISA) on Thursday.
China is looking to boost its role in global commodity markets by allowing foreign investors to trade iron ore futures on the Dalian Commodity Exchange from Friday, a move which should help the country gain some pricing power over the key ingredient in steel.
Previously classified data to spur private investment: expert
The European Union (EU) has sought to join the consultations at the World Trade Organization (WTO) requested by China with the United States on the recent US steel and aluminum tariffs,
China will continue to be the driving force for global energy demand through 2020, but its energy growth will slow significantly as it transitions to a more sustainable pattern of economic growth,
China's iron and steel industry has vowed to actively respond to the challenges from the United States and firmly support government counter-measures against US imports.
Yuan-denominated, they are the first of their kind to be open to overseas investors
The Chinese futures market took another step toward internationalization on March 26 with the unveiling of yuan-denominated crude oil futures contracts
The China Iron and Steel Association has urged the Chinese government to take resolute measures against imports of stainless steel, seamless pipes, coal, agricultural products and consumer electronics from the United States to confront trade protectionism.
China on Monday launched trading of the yuan-denominated crude oil futures contracts at the Shanghai International Energy Exchange, which is the first futures listed on China's mainland to overseas investors.
