Mongolia s reported move to modify how its coal exports to China are priced may mean higher costs for Chinese users, and Chinese industry experts said that efforts by Mongolia to change the ecosystem of cross-border coal trade may affect the outlook for Mongolian energy export to China.
The State Council, China’s cabinet, has approved the restructuring plan of China’s largest steelmaker, state-owned China Baowu Steel Group Corp and Sinosteel Group Corp, with Baowu assuming full control of Sinosteel, according to a statement on the website of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council on Wednesday.
China’s Foreign Ministry on Tuesday expressed opposition to unilateral tariffs that violate WTO rules and vowed necessary measures to protect China’s rights and interests, as the US is reportedly pushing for an agreement with the EU on imposing additional tariffs on Chinese steel and aluminum exports.
More than 80 experts and scholars from China and Japan conducted in-depth exchanges on bilateral relations at a symposium held online and offline on Sunday.