The recent big investments Chinese companies are making in Indonesian nickel mines are attracting renewed attention. China’s CNGR Advanced Materials Co Ltd. announced on May 19 that it will expand its nickel matte business in Indonesia, partnering with Singapore’s RIGQUEZA International Co., LTD. A total investment of $1.26 billion will be put in a production…
Chinese Companies Seize Indonesian Nickel Resources Amid New Energy Battery Opportunities
Congo’s $6 Billion China Mining Deal ‘Unconscionable,’ Draft Report
DAKAR—The Democratic Republic of the Congo should renegotiate its $6 billion infrastructure-for-minerals deal with Chinese investors, according to the draft of a report commissioned by a global anti-corruption body of governments, companies, and activists. The draft, seen by Reuters, describes the deal that was first signed in 2008 as “unconscionable” and urges Congo’s government to…
China’s Producer Price Index Hits 13-Year High
China’s Producer Price Index (PPI) year-on-year increase in May hit its highest in nearly 13 years, according to data released by the Chinese Communist Party (CCP). Officials blamed monetary easing policies in Europe and the United States in response to the global CCP virus pandemic, which broke out in Wuhan, China, in late 2019. PPI…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`