Wei Li is a lecturer in international business at the University of Sydney Business School. Although recent data from China’s powerhouse real estate and export sectors have not lived up to expectations, we should not lose sight of the bigger picture, as Beijing’s economic revival strategy for the world’s second-largest economy encompasses more than these […]
Europe’s green transition will be impossible without China, the Dutch trade minister has warned, as the EU tries to untangle some of its economic dependence on the Asian powerhouse. Western economies face the dilemma of reducing their reliance on Chinese supply chains while overseeing a rise in domestic demand for clean technology such as solar […]
Alfa Bridge Africa Sarl, the newest business office of Alfa Bridge Limited based in Dakar, Senegal, has recently achieved significant success in the commodity trading industry. The company has successfully started procurement of Urea N46% manufactured by the state-owned company PETROVIETNAM and loaded its first containers at the port in Ho Chin Minh on April […]
China is likely to overtake Japan as the world’s top car exporter this year, with industry executives predicting shipments of up to 4.5 million units, on the back of the growing manufacturing and technological heft of the nation’s electric-vehicle makers. At the Shanghai Auto Show that started on Tuesday, more than a dozen leading domestic carmakers, including SAIC Motor, […]
April 25 (Reuters) – An agreement on royalties between Congo’s state miner and China’s CMOC (603993.SS) has been reached, paving the way for the resumption of minerals exports from the world’s second largest cobalt mine, Congo’s finance minister said late on Monday. Copper and cobalt exports from Tenke Fungurume Mining (TFM) were suspended in July after an escalation in […]
The settlement of Uis in a remote part of Namibia seems an unlikely hotspot for a mineral cold war over the future of electric vehicles. Uis lies in the arid hills of Erongo, a large and sparsely populated province of the south-west African country. For decades the only signs of its mineral wealth were the […]
LAUNCESTON, Australia, March 7 (Reuters) – China’s imports of major commodities showed both the potential for an acceleration this year and the reality that economic momentum takes time to build. Official customs data from the world’s biggest commodity importer showed a mixed picture for the first two months of 2023, with strength in iron ore […]
Chinese stocks in Hong Kong have posted their best week in more than seven years, amid rumours that the country could begin reopening to the rest of the world early next year and reports that US regulators had completed a review of Chinese audit papers earlier than expected. Hong Kong’s Hang Seng China Enterprises index […]
The price of copper — used in everything from computer chips and toasters to power systems and air conditioners — has fallen by nearly a third since March. Investors are selling on fears that a global recession will stunt demand for a metal that’s synonymous with growth and expansion. You wouldn’t know it from looking at the […]
Commodity prices from iron ore to oil rallied on Tuesday as concerns eased about the impact of Covid-19 on the Chinese economy. Iron ore prices soared 8 percent, while oil prices traded back above $70 a barrel, as traders grew more confident about the prospect for demand in China. The price moves come after a […]
