China Picks State Firm to Help Coordinate Mining Deals Abroad
China has chosen a new state investment company to help coordinate its overseas metals and mining deals, and counter mounting geopolitical risks that threaten its ability to secure resources, according to people familiar with the matter.
China's Factory Activity Slows
- China’s manufacturing activity stayed flat in May after expanding for two straight months, reflecting the pressure from rising energy costs since the Middle East conflict began Wall Street Journal —
- China Factory Activity Worsens in Warning Sign for Economy Bloomberg —
- Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia The Independent —
- China's factory activity slows in May, raising questions over its economy ABC News —
- China’s factory activity slows in May, raising questions over its economy The Independent —