National Committee for Development and Reform announced that we are ready to launch futures for iron ore in Beijing, China. TPG | Getty Images Iron ore prices have risen this year after many years as the Chinese government promotes infrastructure cuts, and commodity prices themselves rise amid a global pandemic. …
Read More »
U.S.-China tensions are not good for Hong Kong, the city’s secretary for commercial and economic development said, urging everyone to recognize that the world’s common enemy ‘is the coronavirus pandemic. “We are … seeing US-China tensions escalate, which is beneficial for Hong Kong, as well as for trade between the …
Read More »
The Singapore government has allocated another $ 8 billion ($ 5.8 billion) to support the economy coming under pressure from the coronavirus pandemic, Deputy Prime Minister and Minister of Finance Heng Swee Keat said on Monday. “The resulting economic impact has been serious,” Heng, who is also coordinating economic policy …
Read More »
China may never “reunite” with Taiwan now that the central government in Beijing has tightened its control over Hong Kong, one strategist said Monday. “In a way, the huge price that China is paying for Hong Kong is actually Taiwan,” David Roche, president and global strategist at Consulting Independent Strategy, …
Read More »
Postponing the review of U.S.-China trade may not be a bad thing, an analyst said Monday. The two sides met on Saturday, but talks have been delayed due to conflict plans and the need to allow the Chinese time to buy US exports, Reuters reported, citing unnamed sources. No new …
Read More »