The National Development and Reform Commission (NDRC) in China has announced there will be further restriction on aluminum smelting sector investment for the rest of this year.
China has restricted the investment on aluminum smelting sector growth rate to 9.6 percent in 2006. But the investment has been 124.2 percent up for the first two months [...]
After the restriction for chrome export imposed by South Africa this year, India had also executed the new policy to cut the chrome ore export volume.
Affected by these two factors, the worldwide chrome prices have soared. Among the price increase, Indian chrome ore price has been raised to FOB US$350 and the concentrate chrome price [...]
China is likely to impose stricter controls on copper and copper product exports in the next few months in order to curtail the current trade surplus and reorganize the copper industry to mainly serve the domestic market, a top official from the China Nonferrous Metals Industry Association said.
“The government is concerned by the high trade [...]
The first quarter saw 41 Chinese companies go public, raising 14 billion U.S. dollars, according to a quarterly report from consultancy Zero2IPO.
The report said fourteen “China concept shares” debuted on NASDAQ, NYSE, SGX, HKMB and AIM, raising more than two billion U.S. dollars; meanwhile, 27 domestic IPOs pulled in more than 12 billion U.S. dollars [...]
TSINGTAO Brewery Co, 27 percent owned by Anheuser-Busch Cos, posted a 77 percent jump in second-half profit as rising incomes allowed Chinese to buy more premium beer products.
Net income in the six months to December 31 climbed to 235.1 million yuan (US$30 million) from 132.9 million yuan a year earlier. Sales rose 18 percent to [...]
ROLLS-ROYCE Motor Cars, Bayerische Motoren Werke AG’s super-luxury brand, said China may surpass the United Kingdom as its second-biggest market within a few years.
“China has strong potential to surpass the UK, given the growth of the ultra-rich class here,” said Chairman Ian Robertson. The car maker yesterday unveiled its second model in China, the Phantom [...]
