Minhaz Merchant - The relationship between Europe and China has soured since the Russia-Ukraine war. The BRI was meant to be a new Silk Route from Asia to Europe. That vision has blurred , , magazine 18 November 2023, china
More than a dozen employees have recently left Shanghai-based copper traders affiliated with Amer International Group, a conglomerate founded by China’s ‘Copper King’ Wang Wenyin, according to people familiar with the matter.
(Bloomberg) Executives at one of China’s largest copper trading houses have lost contact with the company’s founder and believe that he has been detained by police for questioning, according to people familiar with the matter.Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingIsrael Latest: Over 1,100 Dead; US Sends Warships to RegionBank of America’s Wrong-Way Rate Bet Hurts Moynihan’s Growth Pled
Executives at Maike Metals International Co., one of China s largest copper trading houses, have lost contact with the company s founder, He Jinbi, and believe that he has been detained by police for questioning. He s detention comes after Maike s liquidity crisis last year, which led to legal action by creditors. Maike, which was responsible for a quarter of China s copper imports, has been absent from the market, impacting liquidity in China s copper trade.
One Of China's Biggest Commodity Traders Goes Missing He Jinbi, the founder and chairman of Maike Metals International, one of China's top commodities…