Authorities to probe illegal behavior pertaining to price manipulation

Iron ore futures fell sharply on Friday, after a top official of the China Iron and Steel Association said authorities will crack down on illegal behavior related to iron ore price manipulation.

BEIJING, June 27 (Xinhua) -- Profits of China's major industrial firms fell 2.3 percent year on year in the January-May period, the National Bureau of Statistics (NBS) said Thursday.

The decline narrowed 1.1 percentage points from the first four months, according to the NBS.

BEIJING - Net gold purchases by central banks saw a year-on-year increase of 68 percent to 145.5 tonnes in the first quarter of 2019, driving global gold demand growth, according to a report issued by the World Gold Council (WGC).

Caterpillar, Micron among those keen on enhancing their presence in nation

US business leaders remain bullish about the long-term prospects of the China market, as the country vows to further open up despite headwinds.

TOKYO, May 16 (Xinhua) -- China's economic development is expected to steadily advance in the medium and long term despite the U.S.-China trade friction that only has a limited effect, Japanese experts said.

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