
More recent developments

Australian miner Fortescue receives record yuan-denominated loan
Chinese banks have just issued the largest offshore yuan-denominated loan ever made to a foreign firm. In a landmark move, Australian metals giant Fortescue recently landed an RMB 14.2 billion loan from a syndicate led by Bank of China (BOC).… Read More »

China announces preliminary duties on Canadian canola in batch of targeted trade measures
Beijing is slapping tariffs on Canadian products like it’s going out of fashion. On Tuesday afternoon, the commerce ministry (MofCom) dropped preliminary results in two anti-dumping investigations into Canadian canola and halogenated butyl rubber (HIIR): Canadian canola – aka rapeseed… Read More »

MoF unveils subsidies for consumer and service sector loans
On Tuesday, the finance ministry (MoF) released an implementation plan to lower borrowing costs for the service sector. The State Council revealed earlier this month that the initiative was in the pipeline. The details: Service sector firms are entitled to… Read More »