Tag: Market Crackdown

Beijing Planning to Block Private Capital From Entering News Services Industry

China is considering restrictions on non-public capital from entering the news media sector. A China expert says this move would ruin private news agencies and individual journalists. On Oct. 8, China’s National Development and Reform Commission released a list of “negative aspects” in market access for 2021 (pdf) to seek public opinion. The 78-page document includes a…


China’s Industrial Commodities Slide After Beijing Warns of Market Crackdown

China’s main industrial commodities tumbled on Thursday after the government announced stepped-up measures to keep a lid on soaring raw materials prices which threaten to undermine the country’s economic recovery. Prices of key steelmaking ingredients iron ore and coking coal, as well as steel products such as rebar and hot-rolled coil, all dropped more than…