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Rand Merchant Bank (RMB) has established Rand Merchant Advisory Company in Beijing as part of its Asia-Africa corridor strategy, positioning it closer to Chinese corporates and capital flows as China-Africa trade tops $350-billion. CEO Emrie Brown says the office, built on RMB's Shanghai presence since 2007, will support cross-border trade, transactional banking and investment flows, working alongside FNB, which services over 4 000 Chinese business accounts across Africa, and a renewed partnership with China Construction Bank.
Beijing condemns UK nationalisation of British SteelChina's commerce ministry says it firmly opposes Britain's nationalisation of British Steel, formerly owned by Chinese steelmaker Jingye, describing it as a "forcible" takeover that has damaged the firm's rights and undermined Chinese investor confidence in Britain. Beijing says it will support Chinese firms in protecting their interests and urges London to honour the China-UK Investment Protection Agreement.
Mashatile's Beijing visit sparks diplomatic friction with WashingtonDeputy President Paul Mashatile's visit to Beijing for the China International Supply Chain Expo drew criticism from US ambassador Leo Brent Bozell III, prompting Pretoria to reaffirm its independent, non-aligned foreign policy.
Beijing Updates
Corporate and investment bank Rand Merchant Bank (RMB) has established Rand Merchant Advisory Company, in Beijing, China, as part of its Asia-Africa corridor strategy, which positions it closer to...
China said on Friday it firmly opposes and strongly disapproves of Britain's decision to nationalise British Steel and urged fair treatment for Chinese firms there. Britain nationalised British...
South Africa has issued a formal rebuke following critical remarks made by US Ambassador Leo Brent Bozell III regarding the African nation's foreign policy alignments. On Thursday, the country's...
Delays to green steel projects are growing and government support is far short of what is needed, jeopardising the industry's drive to cut emissions, steel associations warned at an annual meeting...
Aluminum Corp of China, the country’s largest State-owned producer of the lightweight metal, has agreed to invest $1-billion in an alumina plant in Guinea to tap local bauxite resources. Chalco, as...
China will work with the US on "reasonable" concerns regarding its rare earth export controls, the Ministry of Commerce said on Wednesday, in a statement that defended its restrictions as...
China will address US concerns about shortages of certain specialty rare earths caused by Beijing's export controls, the White House said on May 17 in a factsheet outlining the major deals agreed...
Rare earth exports from China to the US are improving although Beijing is still slow to approve some shipments, US Trade Representative Jamieson Greer said on Thursday. China still drags its feet...
Portside inventories of BHP's Jimblebar fines, a type of iron ore, in China slid to a five-month low after Beijing ended a months long dispute with the global miner, but the drawdown has not...
As copper smelters, miners and traders gather in Hong Kong for LME Week Asia, sulphuric acid prices are shaping talks over how low copper concentrate processing fees can go. Soaring prices for the...
The conditions under which the world's rarest and most valuable gem-quality diamonds – referred to as Cullinan-like, large, inclusion-poor, pure, irregular and resorbed (CLIPPIR) – form have...
China's State iron-ore buyer has lifted its ban on purchases of certain BHP ore products that had piled up at ports, four sources with knowledge of the matter said on April 28. BHP Group, the...
Iron-ore slid to its lowest in a month after a report that BHP Group’s incoming CEO had met with Chinese executives in Beijing this week, a possible sign that frosty relations between the mining...
BHP Group's incoming CEO, Brandon Craig, met with the chairman of Chinalco in Beijing this week and discussed further cooperation, the Chinese aluminium giant said on Thursday. Craig's trip to...
China has widened a ban on BHP iron-ore for the second time in two weeks, escalating a months-long contract dispute with the world's third-largest supplier of the key steelmaking ingredient. China...
Iron-ore prices climbed on Friday as top consumer China's widening restrictions on buying some seaborne cargoes from major supplier BHP sparked supply concerns that outweighed falling demand. The...
China on Thursday released a new economic decarbonisation plan that seeks to put its carbon intensity reduction programme back on track, mainly by relying on its booming renewable sector to limit...
South Africa and China have signed a framework trade and investment agreement aimed at providing duty-free access to the Chinese market to more South African products and facilitating Chinese...
South Africa and China have signed a framework trade and investment agreement aimed at providing duty-free access to the Chinese market to more South African products and facilitating Chinese...
The top six-selling light-vehicle brands in South Africa in the year 2000 were Toyota, Volkswagen, Nissan, Opel, Mazda and Ford. From the turn of the century to 2010, these six brands held 60% to...
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