Tag: China Mineral Resources Group

China buys over 70% of the world’s seaborne iron ore—by far the largest share of any country. By simple market logic, the biggest buyer should set the price. Yet for decades, China has had almost no say over pricing, forced instead to accept terms set by foreign ...

China is reportedly curbing the use of European tech in its communication networks. State buyers of internet and mobile phone components have to submit contracts with companies like Sweden’s Ericsson and Finland’s Nokia for security review by the Cyberspace Administration of China before the purchase is allowed. The ...