An 80-90 percent price hike for benchmark iron ore prices will bring big inflation pressure to the world, said a top executive of Tata Steel, the world’s 6th largest steel company.
China's continued economic growth hinges on domestic consumption as the major role played earlier by exports and investment will decline in future, a Chinese leader and experts said during the annual conference of the Boao Forum for Asia (BFA).
China has been working "actively and seriously" to tackle climate change and build capacity to respond to it, Chinese Vice President Xi Jinping said Saturday.
Chinese Vice President Xi Jinping on Friday said China attaches great importance to and actively participates in Afghanistan's peaceful reconstruction.
The global economy still faces uncertainties on its road to recovery despite some improved conditions, former Chinese Vice Premier Zeng Peiyan has said.
All nations should avoid politicizing trade protectionism as it will lead to eye-for-an-eye retaliation and unreasonable trade wars, China's former deputy trade minister Long Yongtu has said.
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