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China nieuws berichten

7.806 Posts
Pagina: «« 1 ... 236 237 238 239 240 ... 391 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 17 juli 2019 16:37
    China June Coal Output Hits Record

    China’s coal output rose in June from the previous month to a record high, as miners ramped up production to ensure supply ahead of peak summer demand for electricity. The world’s top coal producer churned out 333.35 million tonnes of coal in June, up 6.7% from May and up 10.4% YoY. Output over the first half of 2019 reached 1.76 billion tonnes, up 2.6% from the same period last year. Summer is typically a high season for electricity demand in China due to increasing use of air conditioners in hot weather.

    China’s state planner and energy administration have asked miners, especially big producers in Shanxi, Shaanxi and Inner Mongolia, to step up production of high-quality coal to meet increasing demand.

    China generated 583.4 billion kilowatt hours of power in June, up 2.8% YoY, the data showed, with coal-fired power generation rising 0.1% from a year ago after two months of YoY declines.

    Meanwhile, Beijing has been approving new coal mining capacity in recent months despite a push to promote clean energy and reduce its carbon footprint.

    Source : Reuters
  2. forum rang 10 voda 17 juli 2019 17:11
    GE Renewable Energy to Open New Offshore Wind Factory in China

    GE Renewable Energy has announced that it will open a new offshore wind factory at Jieyang’s Offshore Wind cluster in the Chinese province of Guangdong and will establish a new Operation and Development Center in the city of Guangzhou. The new GE offshore wind factory in Jieyang will help to meet Chinese growing demand for offshore wind energy and will serve domestic and regional projects. Site construction is expected to begin at the end of this year, completed in 2021 and will start assembly production in the second half of 2021. GE’s offshore wind factory will be part of a dedicated offshore wind industrial park in Jieyang, which aims to develop an offshore wind cluster with a marshaling harbor and industry-related suppliers, to serve local and regional projects.

    GE’s new Operation and Development Center in Guangzhou will perform research and development activities focused on regional needs. The site will also support customers throughout optimizing project costs, training, data management and operation and maintenance services. This new Center will be the regional Sales and Project Management office for GE Renewable Energy’s Offshore Wind business.

    GE’s new offshore wind factory in China will serve regional projects, while the Saint-Nazaire assembly site in France, currently manufacturing the Haliade-X 12 MW prototype, will continue to serve all other international projects. Together, they will help GE Renewable Energy meet the growing demand for global offshore wind energy, by supplying Haliade-X 12 MW. Nantes offices in France will continue to operate as GE’s global offshore wind headquarter.

    Source : Strategic Research Institute
  3. forum rang 10 voda 18 juli 2019 12:29
    China Hosts the Most Advanced High-Speed Train Infrastructure in the World

    According to an analysis by Omio, a platform for booking train travel in Europe, China has the most advanced high-speed train infrastructure in the world. With over 19,000 miles of high-speed tracks in operation, China also has more miles of high-speed tracks than the rest of the world combined. Omio ranked countries according to their high-speed trains' operational speed, record speed, length of track in operation and length of track under construction.

    Zie pdf voor cijfers

    Source : BTN
  4. forum rang 10 voda 19 juli 2019 11:23
    Opnieuw hoog handelsoverleg VS en China

    Gepubliceerd op 19 jul 2019 om 08:37 | Views: 2.803

    WASHINGTON (AFN/BLOOMBERG) - De Verenigde Staten en China hebben opnieuw op hoog niveau handelsoverleg gevoerd. Het is de tweede keer dat er overleg is geweest sinds het recente sluiten van een wapenstilstand in de handelsvete tussen beide economische grootmachten.

    Er waren telefonische gesprekken tussen de Amerikaanse minister van Financiën Steven Mnuchin en handelsgezant Robert Lighthizer met Peking. Er zijn geen details bekend over de inhoud. Mnuchin verklaarde eerder deze week dat als het telefonisch overleg goed zou verlopen, hij en Lighthizer naar China zouden afreizen voor verdere gesprekken.

    President Donald Trump en zijn Chinese collega Xi Jinping sloten op de recente G20-top in Japan een wapenstilstand in het handelsconflict. Overigens dreigde Trump deze week wel weer met meer importheffingen op Chinese goederen.
  5. forum rang 10 voda 19 juli 2019 14:46
    China’s Caofeidian Port Halts Custom Declarations for Seaborne Coal

    Sources at three major Chinese steelmakers confirmed with S&P Global Platts that Caofeidian port in northern China has halted custom declarations for all coal imports effective July 16, which is being interpreted by the market as a signal of a further tightening of import curbs. They had received verbal notice from Caofeidian port-related authorities that restrictions were being imposed.

    The sources said a meeting was held at midday Monday about the restrictions and that verbal notice was also circulated in the market Monday evening. A Caofeidian port agent also confirmed this with Platts, without providing further comment.

    A Chinese trader said that “It looks like the Caofeidian port restrictions are targeting both thermal and metallurgical coals from all origins.”

    Market sources said that the measure was imposed after the total volume of coal imported over the first half of 2019 was deemed by authorities to be greater than desired. China imported 27.1 million metric tonne of coal over January-June, including thermal and metallurgical coals, up 5.8% YoY, latest customs data showed. Caofeidian port is primarily a domestic coal hub located in northern Hebei province.

    Although, no official announcement has been made, market players said the restriction was targeted at trading companies, while end-users were still allowed to process custom declarations.

    Source : Platts
  6. forum rang 10 voda 19 juli 2019 14:48
    China's Coal Imports to Plunge in H2 2019

    Analysts told Montel that Chinese coal imports are likely to plunge in the H2 of 2019 as customs officials face the prospect of exhausting their quotas from as early as September. The world’s biggest coal consumer imported 154m tonnes of the fuel over the H1 of this year, up 6% YoY. This leaves officials with a choice of curbing foreign purchases for the remainder of the year or violating a government target to limit import volumes to around last year’s level of 281 million tonnes.

    Mr Yu Zhai, senior consultant for energy information specialists Wood Mackenzie, said that we expect China will restrict imports in the second half of 2019. Customs officials had already begun asking ports to restrict low quality coal imports in June, adding he expected negotiations to yield tighter imports ahead. Roughly 80% of China’s coal imports were thermal last year, with the rest metallurgical. Thermal coal was likely to see the bulk of import curbs as it was easier to replace domestically.

    Mr Yu said that China would import 185 million tonnes of thermal coal this year and that it had already received 108 million tonnes. With just 77 million tonnes to go, he saw imports falling sharply from September.

    Source : Montel
  7. forum rang 10 voda 19 juli 2019 14:49
    Chinese Firm Expects To Complete Zambia Power Plant By 2020

    Xinhua reported that Zambian Government says Chinese enterprise Sinohydro Corporation is expected to complete the construction of the 750 MW Kafue Gorge Lower Hydro-power Station next year. Once the construction is completed, Zambia will have an increased power generation capacity of 3,750 from the current 2,900 megawatts. Minister of Energy Mr Matthew Nkhuwa said on Sunday Kafue Gorge Lower power plant works are on schedule and that the infrastructure is expected to be handed over by end of 2020. He said that "We are happy with the on-going works by a Chinese enterprise, works done so far is at 67%.”

    Mr Nkhuwa said in an interview with Xinhua in Chingola that once the power plant is brought on board, Zambia is expected to be a net power exporter in the southern Africa region and beyond.

    According to Nkhuwa, over 3,000 jobs have been created during the construction period. He said state-of-the-art technology is being applied at the power plant by the Chinese enterprise.

    Source : Xinhua
  8. forum rang 10 voda 19 juli 2019 15:04
    China Harbor Engineering Starts Construction of The Port of Tibar n Timor-Leste

    China’s state-owned Chinese Harbor Engineering Co Ltd has begun construction of the port of Tibar in Timor-Leste with the first blasts at a quarry to collect construction materials, the Chinese embassy in the country said, adding that the official ceremony to launch the work took place on 15 July. The embassy said in a statement that the ceremony was attended by senior representatives of the government of Timor-Leste, including the Ministers of Transport and Communications, José Agostinho da Silva, of Agriculture and Fisheries, Joaquim José Gusmão dos Reis Martins and of Defence, Filomeno da Paixão de Jesus, as well as the Chinese ambassador in Dili, Xiao Jianguo.

    Xiao Jianguo said there is huge potential for infrastructure cooperation, mentioning 20 companies in his country involved in this sector, one of which, China Harbor Engineering Co Ltd, belongs to the China Communications Construction Company included on the Global Fortune 500 list.

    The project has had several “false starts” with the first laying of the first stone in June 2017, with a ceremony led by then Minister of Planning and Strategic Investment, Xanana Gusmão, and officials from the consortium led by the French group Bolloré.

    Issues related to both financing and subcontracting eventually affected the start of the project, with a second launch ceremony taking place on 30 August 2018, and work almost eight months later has hardly begun.

    Source : Macauhub
  9. forum rang 10 voda 19 juli 2019 15:08
    SMM Iron Ore Arrivals at Chinese Ports Rise for 2 Weeks

    SMM reported that arrivals of seaborne iron ore at Chinese ports rose last week for a second straight week, which will modestly ease tightness in inventories. SMM estimates that 115 vessels carrying 17.52 million mt of iron ore arrived at major Chinese ports in the week ended July 13, up 3.68 million mt from the week to July 6. Qingdao, Rizhao, Tianjin and Jingtang ports saw substantial increases in iron ore arrivals last week.

    For the same week, iron ore deliveries departing Australian ports expanded 2.14 million mt from the prior week to 14.18 million mt, while those leaving Brazilian ports fell 380,000 mt to 5.69 million mt.

    Source : SMM
  10. forum rang 10 voda 19 juli 2019 15:10
    Australia’s Port Hedland Iron Ore Shipments to China Jump 11% in June 2019

    Pilbara Ports Authority has delivered a total annual throughput of 697.2 million tonnes for the 2018-19 financial year. This result is a less than 1% change from last year’s record annual throughput. In June 2019, Pilbara Ports Authority achieved a total monthly throughput of 64 million tonne, a 1% increase on the same month in 2018. Iron ore throughput for June 2019 increased 2% from June 2018, to 60.2 million tonne. Total iron ore throughput for 2018-19 was 647.8 million tonnne, a 1% decrease on 2017-18.

    Port of Port Hedland

    The Port of Port Hedland achieved a total annual throughput of 513.3 million tonne, a decrease of 1% from the previous year. Annual iron ore exports totalled 506.6 million tonne, less than a 1% decrease from 2017-18. The June monthly throughput at the Port of Port Hedland was 49.2 million tonne, of which 48.9 million tonne was iron ore exports. The monthly throughput was a 2% increase from June 2018. Iron ore exports for June increased by 3% from June 2018.

    Port of Dampier

    The Port of Dampier delivered a total annual throughput 172.9 million tonne, which was a 2% decrease from the previous year. Annual iron ore exports totalled 141.2 million tonne, which was a 3% decrease from last financial year.

    In June the Port of Dampier delivered a total monthly throughput of 13.8 million tonne which was a decrease of 6% from June 2018. Iron ore exports for June totalled 11.3 million tonne which was a 5% decrease on last financial year.

    Source : Strategic Research Institute
  11. forum rang 10 voda 19 juli 2019 15:33
    US-China Trade War to Put a Drag to Its Q2 Earnings

    Container port business Hutchison Port Holdings Trust is expected to announced its Q2 results ended June 30, 2019 next, after the market closes. The Singapore Exchange-listed trust owns interests in deep-water container port assets located in two of the world’s busiest container port cities by throughput: Kwai Tsing, Hong Kong and Shenzhen, China. HPH Trust operates terminals including International and Asia Container in Hong Kong and the Yantian and Huizhou International Container Terminals in China.

    Net profit for the previous quarter fell by 33.4%

    The business trust posted a 33.4% decline at HKD 96.9 million for its bottom line in the first quarter ended March 31, 2019. Earnings per unit came in at 1.11 Hong Kong cents, down from 1.67 Hong Kong cents a year ago. Revenue edged up by 0.3%, at HKD 2.7 billion.

    The firm said its combined container throughput for its Kwai Tsing terminals in Hong Kong fell by 9.6%, mainly due to a fall in transshipment charges. Its container throughput in terminals in Yantian, Shenzhen, rose by 4.6%, supported by growth in transshipment cargoes.

    Compared to 2014 pricings, HPH Trust’s share price has fallen by 70.2%

    Comparing the firm’s share price from five years ago, its unit has fallen by 70.2% from USD 0.74 in July 2014 to USD 0.22. YTD, HPH Trust’s units have fallen by USD 0.02, from USD 0.24 on January 2, 2019 when compared to today’s price.

    From the financial year of 2014 to 2018, HPH Trust’s annual Distribution Per Unit has fallen from a high of 41 HK cents to 17 HK cents, and is at a decline of 58.5%.

    US-China trade war rocking the boat

    For the financial year of 2018, the business trust posted a loss of HK$11.6 billion, due to non-cash impairment losses. The firm’s business problems overlapped into this year, as seen by the 33.4% YoY profit decline for January to March this year.

    The weak performance in the Q1 of 2019 was due to the weak outbound cargoes to the United States, due partly to the front-loading of cargoes in the fourth quarter of 2018 in anticipation to the tariff increase by the US on Chinese exports which was originally scheduled to commence on January 1, 2019.

    The volume of outbound cargoes to the US is expected to be volatile for this year as the US-China trade dispute continue.

    Following the first quarter results from HPH Trust, Singapore banks DBS and OCBC had placed their rating on the business trust at “hold”, but cautioned on downside risks on the firm due to the weaker-than-expected start to 2019.

    OCBC which had upgraded their view of HPH Trust from “sell” to “hold” since February this year, said it will keep watch on the global economic growth figures, ongoing discussions regarding the trade war, and possible cost-saving synergies from the Hong Kong Seaport Alliance, going forward.

    Source : Strategic Research Institute
  12. forum rang 10 luchtschip 22 juli 2019 04:48

    Protesten in Hong Kong

    Al enige tijd zijn er protesten.
    China wil dat burgers van Hong Kong uitgezet mogen worden naar China.
    Hier zijn al enige tijd felle protesten tegen.

    Echter de zaak wordt nu grimmiger. De demonstranten droegen in de regel donkere(zwarte) t-shirts.
    Nu komen er groepen met witte t-shirts ten tonele. Gewapend met stokken slaan zij in op willekeurige mensen die in hun ogen bij de demonstranten horen.

    Algemeen wordt aangenomen dat de mannen in wit t-shirt bendeleden zijn van de beruchte Chinese Triades(criminele organisatie van diverse bendes in China).
    Politie schijnt niet in te grijpen tegen de mannen in wit t-shirt.

    In het Yuen Long metro station (ietsje buitengrens Hong Kong)
    twitter.com/JackHHazlewood/status/115...

    Komen gewoon een metro-trein in en beginnen te slaan op de passagiers
    twitter.com/JackHHazlewood/status/115...

    De politie heeft zoveel pepperspray gebruikt dat de vloeren spekglad zijn.
    De politie wil een charge doen en binnen enkele seconden duikelen de agenten over elkaar heen
    twitter.com/JackHHazlewood/status/115...

    Aanval van ca 20 triade leden(criminelen) op 1 burger
    twitter.com/JackHHazlewood/status/115...
  13. forum rang 10 voda 22 juli 2019 13:33
    Vliegende start voor nieuwe techbeurs in China

    De aandelen op de eerste handelsdag van de nieuwe Chinese aandelenmarkt gericht op technologie en wetenschap sloten maandag met gemiddeld 140% bij het sluiten van de beurs. Investeerders liepen elkaar onder de voet om de eerste 25 bedrijven op de Star Market - 'where the rising star companies cluster' - in Shanghai te kopen.

    De grootste uitschieter was halfgeleiderproducent Anji Microelectronics Technology, waarvan het aandeel met maar liefst 520% omhoog schoot, voor het werd bijgesteld tot 400%.

    China kondigde de opening van het Chinese antwoord op de Nasdaq in november al aan. Het land hoopt dat de beurs investeringen in binnenlandse, innovatieve techbedrijven zal stimuleren. Het is een belangrijke stap in China's streven om zijn economie en markten te openen voor de rest van de wereld. De Shanghai Stock Exchange exploiteert de beurs.

    Handelsoorlog

    De stijgende aandelen wijzen erop dat Chinese techbedrijven genoeg middelen zullen hebben om zich te ontwikkelen. De handelsoorlog met de Verenigde Staten, die nu ook China's techsector treft, maakt dit extra belangrijk. De VS legde bijvoorbeeld handelsbeperkingen op aan telecomgigant Huawei. De nieuwe beurs wordt ook wel gezien als een Chinese poging om Amerikaanse techbedrijven te passeren.

    Ook groeide Chinese economie in het tweede kwartaal op het laagste tempo sinds het land in 1992 begon met het bijhouden van groeicijfers per kwartaal. De economische groei kwam uit op 6,2%.

    Miljardairs

    Meer dan 140 Chinese bedrijven meldden zich aan om hun aandelen op de nieuwe beurs te verhandelen. In totaal wilden zij $18,7 mrd ophalen. Een beperkt aantal van 25 bedrijven was uitverkoren om te handelen bij de lancering. Gezamenlijk haalden deze bedrijven $5,4 mrd op, zo'n 20% meer dan gepland. Goedkeuring van Chinese topfunctionarissen wakkerde het enthousiasme op de beurs alleen maar aan.

    De vraag van particuliere beleggers overtrof het aanbod met gemiddeld 1800 keer, meldt Bloomberg. Bezorgdheid van sommige analisten over opgeblazen waarderingen mocht de pret niet drukken.

    Een aantal ondernemers was aan het einde van de dag miljardair, zoals de eigenaren van testapparatuurmakers Suzhou HYC Technology en Zhejiang Hangke Technology.

    Reacties

    Alle bedrijven gingen volgens analist Tom Simonts van de Belgische bank KBC 'verschroeiend van start'. Wel verschilden de resultaten per bedrijf: de handel in Anji werd twee keer stopgezet. Na een eerste stijging van 30% en vervolgens na een tweede stijging van 60%, om te eindigen op 400%. De handel in Suzhou Harmontronics Automation Technology, dat automatische apparatuur ontwerpt en verkoopt, werd onderbroken na een koersval van 30%. Toch noteerde dat aandeel tegen de middag nog steeds een stijging van 113%.

    Ronald Wan, ceo van Partners Capital International in Hongkong, noemt de stijging tegen CNN 'gestoord'. 'Het is nu al overdreven, ik denk niet dat dergelijke toenames lang kunnen duren. Het is veel te speculatief.'

    Andere regels

    Naast goede prestaties biedt de Star Market bedrijven nog een voordeel: er gelden andere regels. Bedrijven mogen verschillende soorten aandelen aanbieden, waardoor oprichters meer controle kunnen houden over hun activiteiten. Ook is deze beurs de enige in China die bedrijven verwelkomt die nog nooit winst hebben gemaakt.

    Investeerders hebben de mogelijkheid om te speculeren op koersdalingen door middel van short selling. Deze praktijk is elders in China verboden. En de limieten op dagelijkse prijsbewegingen zijn lager.

    fd.nl/beurs/1309695/vliegende-start-v...
  14. forum rang 10 voda 22 juli 2019 13:52
    China zet importheffingen op roestvast staal

    FONDS KOERS VERSCHIL VERSCHIL % BEURS
    Aperam
    23,59 0,56 2,43 % Euronext Amsterdam

    (ABM FN-Dow Jones) China heeft maandag importheffingen op bepaalde roestvast staalproducten uit de Europese Unie, Japan, Zuid-Korea en Indonesië aangekondigd.

    Het ministerie van Handel voert de importheffingen in per 23 juli, omdat onderzoek volgens Beijing aantoonde dat deze staalproducten in China worden gedumpt en zo een bedreiging vormen voor de Chinese staalsector.

    De heffingen lopen op van 18,1 naar 103,1 procent en gelden voor een periode van 5 jaar.

    De betreffende roestvast staalproducten worden vooral gebruikt bij schepen, containers en op het spoor.

    Door: ABM Financial News.
    info@abmfn.nl
    Redactie: +31(0)20 26 28 999

    © Copyright ABM Financial News B.V. All rights reserved.
  15. forum rang 10 voda 22 juli 2019 16:08
    GM of Tangyin Steel Plant in Tangshan Detained for Pollution Violations

    Futures Daily reported that the general manager Tangshan Iron and Steel Group’s Tangyin Steel Plant in the city of Tangshan in Hebei province has been detained after the plant was found to have failed in carrying out a mandatory 50% production cut, imposed by the local government. The paper said all three of its blast furnaces were still in full operation when the plant was visited by inspectors on July 19.

    China’s biggest steel producing city Tangshan, which had said in June that it would impose output restrictions on local steel firms until August in order to curb smog, has stepped up anti-pollution measures over July 21 to 31, aiming to meet its air quality targets. Steel mills with A level of emission, Shougang Qian’an; Shougang Jingtang; Wenfeng Steel; Tanggang Medium & Heavy Plat; Delong Steel and Zongheng Steel; Tianzhu Steel; Huaxi Steel; Guoyi Special Steel, will have to curb their sintering and furnace operations by 20% over the period. Other steel producers in Tangshan have to shut 50%-70% operations. Steel rolling mills are required to remain close during July 26-28.

    Source : Strategic Research Institute
  16. forum rang 10 voda 22 juli 2019 16:26
    US DoC Finds Dumping & Countervailable Subsidization of Imports of Steel Racks from China

    US Department of Commerce announced the affirmative final determinations in the antidumping duty and countervailing duty investigations of imports of steel racks and parts thereof from China, finding that exporters from China have sold steel racks and parts at less than fair value in the United States at rates from 18.06 to 144.50%. In addition, Commerce determined that exporters from China received countervailable subsidies at rates from 1.50 to 102.23%.

    In 2017, imports of steel racks from China were valued at an estimated USD 200 million.

    The petitioner is the Coalition for Fair Rack Imports, whose members are Bulldog Rack Company (Weirton, WV), Hannibal Industries, Inc. (Los Angeles, CA), Husky Rack and Wire (Denver, NC), Ridg-U-Rak, Inc. (North East, PA), SpaceRak (Marysville, MI), Speedrack Products Group, Ltd. (Sparta, MI), Steel King Industries, Inc. (Stevens Point, WI), Tri-Boro Shelving & Partition Corp. (Farmville, VA), and UNARCO Material Handling, Inc. (Springfield, TN).

    The US International Trade Commission is currently scheduled to make its final injury determinations on or about September 3, 2019. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.

    Source : Strategic Research Institute
  17. forum rang 10 voda 22 juli 2019 16:34
    China to Grade 15 Sectors, Including Steel, Coal, on Environmental Status

    SMM reported that China plans to grade 15 key industries, including steel, coal, cement and chemical, according to how environmentally-friendly they are, to improve production curbs in heavily-polluted weather. According to a report by Economic Information Daily, heavy industries across Beijing-Tianjin-Hebei region, the Yangtze River delta and the Fenwei Plain, will received grades of A, B or C, according to their production technologies, pollution treatment and other indicators.

    This is part of the government’s commitment to stop using blanket initiatives in anti-smog output controls.

    Source : SMM
  18. forum rang 10 voda 22 juli 2019 17:06
    China's Takes over Namibian Uranium Mining

    JournalduCameroun.com reported that Chinese state-owned entities have effectively taken control of uranium mining in Namibia, following the takeover of Rössing uranium mine by China National Uranium Corporation Limited. Rio Tinto announced on Tuesday that it has completed the sale of its 69% stake in Rössing Uranium Limited, which owns the Rössing mine near Arandis in Erongo region. The Rössing uranium mine situated in the Namib Desert is the world’s longest-running open pit uranium mine. The mine has been producing and exporting uranium oxide from Namibia to nuclear power utilities around the world since its inception in 1976. The leading global mining group listed in the Australian Stock Exchange and London Stock Exchange-listed sold the stakes to CNUC for an initial cash payment of USD 6.5 million-plus a contingent payment of up to USD 100 million.

    “This sale demonstrates Rio Tinto’s commitment to further simplifying and strengthening our portfolio and brings the total divestment proceeds received since 2017 to $11.2 billion, of which $9.7 billion has been returned to our shareholders.

    Mr J-S Jacques, Rio Tinto chief executive, in a statement said that “I would like to recognise the hard work of people across Rio Tinto and the communities around Rössing who have contributed to the success of the mine and wish them all the best for the future under new ownership.”

    Source : JournalduCameroun.com
  19. forum rang 10 voda 23 juli 2019 06:52
    Trump geeft tijdelijke ontheffingen voor Huawei

    (ABM FN-Dow Jones) De Amerikaanse president Donald Trump heeft maandag tijdens een ontmoeting met een aantal topmensen van grote Amerikaanse techbedrijven tijdelijke ontheffingen verleend om zaken te mogen doen met het Chinese Huawei.

    Qualcomm, Intel, Google en vier andere techbedrijven hadden een ontmoeting met Trump.

    Volgens een woordvoerder hebben de CEO's van deze bedrijven hun steun uitgesproken voor het beleid van de president.

    De ontheffingen zullen mogelijk helpen om de relatie tussen Washington en Beijing te verbeteren.

    Handelsgezant Robert Lighthizer en minister van Financiën Steven Mnuchin zullen volgende week vermoedelijk China bezoeken.

    Door: ABM Financial News.
    info@abmfn.nl
    Redactie: +31(0)20 26 28 999

    © Copyright 2019 Dow Jones & Company, Inc All rights reserved.
  20. forum rang 10 voda 23 juli 2019 16:03
    China Steel Prices Fall in June - CISA

    Xinhua reported that China's steel prices continued to decline in June with more fluctuations. Steel price index issued by the China Iron and Steel Association stood at 109.45 points by the end of June, down 1.49% from the previous month and marking a 5.48% slip compared with the same period last year. Seven of the eight categories of steel products monitored by the association saw prices decline, with the only exception being iron whose price gained 0.5%.

    CISA data showed that the price drop, withstanding a cost hike caused by more expensive raw materials like iron ore, was the result of stable demand balanced out by supply upticks. The price drop came as market demand for steel was on the rise amid expansion in infrastructure, property and manufacturing investment and other steel-using industries.

    The price decline echoed the downhill trend of global steel prices seen in North America, Europe and Asia, according to the CISA.

    The association expected more fluctuations with little sign of swift recovery for China's steel prices, considering the possibility that the mounting steel stockpile may continue to cancel out the effects of steady economic growth and increasingly rigorous environmental protection regulations.

    Source : Xinhua
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