- Mengniu's Changing Strategy
The partnership with COFCO may offer the company additional support to meet the company's surging demand of fresh milk.
- China June Exports Down 21% Yr-on-yr
The rate of decline in June narrowed from the record plunge in May, signaling that the worst may be over for China's export markets.
- China Sees More Steel Capacity Growth
China's huge economic stimulus package has encouraged steel mills to step up expanding capacity, Xu Lejiang said, and noted that overcapacity is structural.
- Chinalco Takes up Rio Tinto Rights Offer
Based on the current share price, Chinalco needs to invest more than US$1.4 billion in order to maintain its 12 percent stake in the London-listed Rio Tinto Plc stock.