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2 weeks ago |
caixinglobal.com | Xu Luyi |Tang Ailin |Wang Xintong
00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x U.S. President Donald Trump’s fickle trade policy narrative has sent many Chinese firms on a rollercoaster ride over the past two months. Levies imposed by the Trump administration on Chinese goods this year reached a mind-boggling 145% on April 9, forcing Chinese exporters into a frenzied calculus: when to ship, who should absorb the escalating costs and whether the U.S. market remained profitable.
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2 weeks ago |
caixinglobal.com | Xu Luyi |Tang Ailin |Wang Xintong
00:00/00:00
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U.S. President Donald Trump’s fickle trade policy narrative has sent many Chinese firms on a rollercoaster ride over the past two months.
Levies imposed by the Trump administration on Chinese goods this year reached a mind-boggling 145% on April 9, forcing Chinese exporters into a frenzied calculus: when to ship, who should absorb the escalating costs and whether the U.S. market remained profitable.
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3 weeks ago |
caixinglobal.com | Luo Guoping |Wang Xintong
Personalised advertising and content, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.
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3 weeks ago |
caixinglobal.com | Luo Guoping |Wang Xintong
00:00/00:00
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China can better play its role as a global green energy leader by reframing how it talks about its contribution to the global transition, the head of a U.N.-accredited global energy body said.
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1 month ago |
caixinglobal.com | Luo Guoping |Wang Xintong
Personalised advertising and content, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.
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1 month ago |
caixinglobal.com | Luo Guoping |Wang Xintong
Explore the story in 3 minutesIn April 2024, the UK government convened Parliament during its Easter recess to urgently pass legislation granting it authority to take over British Steel, the country's last virgin steel producer, from its Chinese owner, Hebei Jingye Group. This move aimed to safeguard the continued operation of Britain’s final two remaining blast furnaces, crucial for maintaining the UK’s capacity to produce steel from raw materials.
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1 month ago |
caixinglobal.com | Luo Guoping |Wang Xintong
Explore the story in 3 minutesAs global demand for iron ore declines due to factors such as China’s real estate downturn, the world’s leading mining companies—BHP Group, Rio Tinto, Vale, and Fortescue—are seeking new growth opportunities by focusing on minerals essential for the global energy transition and artificial intelligence (AI).
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1 month ago |
caixinglobal.com | Luo Guoping |Wang Xintong
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As global demand for iron ore weakens, in part due to China’s real estate slump, the world’s four top producers are hoping to spur growth by supplying minerals used in the global energy transition and artificial intelligence (AI).
The CEOs of these mining giants — BHP Group Ltd., Rio Tinto Group, Vale SA and Fortescue Ltd.
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1 month ago |
caixinglobal.com | Luo Guoping |Wang Xintong
Explore the story in 3 minutesFortescue Ltd.'s Metals CEO Dino Otranto highlighted underestimated global supply challenges in the iron ore industry, despite China’s steel demand plateauing at historically high levels. Speaking at the China Development Forum, Otranto explained that while Chinese demand may not be growing, it remains robust, fueled by the country’s ongoing economic maturation, with a GDP per capita now at $13,000.
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2 months ago |
caixinglobal.com | Wang Jing |Zhai Shaohui |Wang Xintong
Explore the story in 3 minutesThe latest edition of the Canton Fair in Guangzhou, regarded as a vital indicator of global demand for Chinese exports, recently opened amid escalating trade tensions between the U.S. and China. Despite the severe tariff hikes imposed by the U.S.—with some Chinese goods now facing duties as high as 245%—the fair's first phase attracted a record 148,600 overseas buyers, marking a significant 20.2% increase over the previous year.