Ore from a mine near Dubbo in Australia is now being processed in Korea with a new “clean" technology, being closely watched by other operators. China's dominance in the processing sector may only be temporary, as rival facilities are planned in Malaysia, the US, Canada and Australia.
Bonds of state-owned-enterprises fall for a third day, dragging down the benchmark ATF China Bond for the first time in almost three weeks. There is growing concern that the sector is unable to pay its debts.
05 Cardboard chaos
China’s e-commerce binge has produced a sea of unwanted cardboard, undermining efforts to clean up the country. Authorities now plan to act.
Daimler will work with China's Geely on next generation combustion engines, an official said on November 17. “The companies plan to develop a highly efficient modular engine,” a spokesman for Daimler told Reuters, adding that it would be used in hybrid drive-trains and manufactured in Europe and China.