China’s Aluminum Exports Soar as Rusal Sanctions from the U.S.

United Co. Rusal sanctions from the U.S. have disrupted the pace of supply in the global aluminum market. As buyers sought alternative suppliers from other producers, the amount of aluminum exported from China to...

Chile’s Copper Output to Increase 13.9% In Next Decade

As the world’s largest copper-producing country, Chile is expected to see an increase of 13.9 percent in copper production by 2028 from the levels in 2016, as the newly-launched mining projects and expansion of the original...

U.S. and EU Announce a Ceasefire in the Trade War, Not a Formal Truce

On July 25th, U.S. President Trump and European Commission President Jean-Claude Juncker announced that they had reached an agreement to eliminate bilateral trade barriers, ease trade frictions through negotiations, strengthen trade cooperation and suspend...

China Allows Foreign Investors to Trade Iron Ore Futures

China's iron ore futures officially opened to foreign traders on May 4th at the Dalian Commodity Exchange (DCE), marking another step in the country’s financial opening-up. The move plays a guiding and groundbreaking role in...

Technology War Keeps Escalating, Huawei Faces Investigation for Violation of US Sanctions

After ZTE, another Chinese tech giant Huawei is likely to be the next prohibited target if the U.S. Department of Justice confirms its violations of sanctions against Iran. U.S. Finds a Better Way to...

E-commerce Trade between China and ASEAN to Expand

China and ASEAN economies have much complementarity in products. ASEAN countries have demand for high value-added manufactured products China produces, among which, communication and consumer electronic products claiming the highest ratio, and health and...

China Facilitates Self-supporting Alternatives to Meet Domestic Energy Demand

President Xi’s cabinet has released a package of policies for a green home and sustainable development, including three-year and five-year action plans on cutting industrial overcapacity and alleviating environment pollution by phasing out coal...

Australia Expects Iron Ore Price to Fall 20 Percent in 2018

At the beginning of a new year, Australia released its forecast on iron ore prices this year, which is expected to average $51.50 a ton, down 20 percent from 2017, due to climbing global supply...

US Ethanol Stocks Rebound

Ethanol production in the United States averaged 1.044 million barrels per day (bpd) in the week-ended February 23, 24,000 bpd lower than in the previous week, according to data US Energy Information Administration (EIA)...

US Steel and Aluminum Tariffs Meet Resistance

US President Donald Trump signed two proclamations on March 8 to impose 25 percent tariff on imports of steel and 10 percent tariff on imports of aluminum, but he offered potential exemption for Canada...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...