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China s commodities output roars ahead as economy reopens

China’s reopening after the constraints of Covid Zero saw the economy grow 4.5% in the first quarter.

Jiangsu shagangCovid zeroAluminum summit

China s CITIC buys controlling stake in Nanjing Iron & Steel

State-owned Chinese conglomerate CITIC Limited said on Sunday it will buy a 55% stake in Nanjing Iron & Steel Group, one of the country s top specialty steel producers, beating out top private. | April 3, 2023

Hong kongDominique pattonChristian schmollingerJiangsu shangangJiangsu shagangSiyi liuFosun international ltdIron steel groupHong kong stock exchangeXinye steelNanjing ironSteel groupHong kong stockSteel unitedNanjing steelCitic limited stock exchange

China s CITIC buys controlling stake in Nanjing Iron & Steel for nearly $2b

The acquisition represents the further consolidation of China's domestic steel mills.

Hong kongJiangsu shagangJiangsu shangangFosun international ltdJiangsu shagang groupIron steel groupHong kong stock exchangeState owned chineseNanjing ironSteel groupXinye steelHong kong stockSteel unitedNanjing steel

Global Switch $10 Billion Data Center Deal Fizzles Out on Valuation

Activity from prospective bidders has slowed down in recent weeks, but buyout firms remain interested in acquiring Global Switch.

United kingdomCity ofSimon reubenJiangsu shagangAsia pacificGroup coAvic trust coAnbang insurance group coGlobal switch holdings ltdJiangsu shagang group coGlobal switch holdingsGlobal switchJiangsu shagang groupAvic trustAnbang insurance groupBloomberg news

KKR, EQT, PAG Vie for $10 Billion Global Switch Deal

Bloomberg sources say private equity giants KKR

City ofUnited kingdomJiangsu shagangAsia pacificAvic trust coGlobal switch holdings ltdSpokespeople for avicJiangsu shagang group coGlobal switchJiangsu shagang groupAvic trustBloomberg newsPrivate investmentData center

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