China's losing battle against iron ore price controls
The latest rally poses a strategic dilemma for Xi Jinping’s policymakers as they seek to support the debt-laden property sector.
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The latest rally poses a strategic dilemma for Xi Jinping’s policymakers as they seek to support the debt-laden property sector.
The Australian dollar is trading near a four-month high as a faltering US dollar, stronger yuan and rallying iron ore prices lift the local currency.
After hitting six-month highs earlier this week, iron ore futures are on the way down after comments from Guo Bin, the president of the world’s top steel...
(Bloomberg) -- Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group, the state-backed firm trying to boost Beijing’s sway over prices.Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’Trump's Wealth Has Jumped $500 Million Since He Left the White HouseWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtApple Delays Work on Next Year’s iPhone, Mac Software to Fix BugsMalaysia Renew
EXPO returned following its 10th closure during the 3-year period of COVID-19 with the 6th anniversary of Shenyang New World EXPO celebrated.