Topic: China
China is sending a Cabinet official to Washington in a bid to defuse trade tensions, the government said Friday, as it called on U.S. leaders to cool the "politicization and emotionalization" of a currency dispute. A deputy commerce minister, Zhong Shan, will go to Washington ...
SYDNEY (Reuters) - Global miner Rio Tinto signed a $2.9 billion pact with Chinese metals group Chinalco to jointly develop an African iron ore project, amid tense iron ore price talks with China's steel mills and just ahead of a trial of four Rio employees. The venture in Simandou, Guinea, not binding at this stage, marks a turnaround for ...
BEIJING/HONG KONG (Reuters) - China's leading banks will likely affirm their lending will remain brisk and be more profitable this year, their immediate capital needs have been met and that souring loans are at manageable levels. Profits at the 14 listed banks, some of the biggest in the world by market value, are expected by analysts to rise by ...
