Run by Xinhua News Agency/ China Finance Corporation (CFC)



SHFE sees silver stocks jump on weak demand

2015-04-20 GMT+8:00

Silver stocks on the Shanghai Futures Exchange (SHFE) amounted to 341.5 metric tons (tonnes) by April 9, hitting the highest so far this year, and nearly three times those in the last week of 2014 (122.8 tonnes), according to the SHFE data. ... Full Story

China to cut 80mln t of steel capacity in 2015-2017

2015-03-30 GMT+8:00

China will aim to cut 80 million metric tons (tonnes) of steel capacity in the next three years in an effort to tackle the glut plaguing the sector for years, said Luo Tiejun, an official of the Ministry of Industry and Information Technology (MIIT). ... Full Story