China Business & Economy

China Establishes a Mineral Resources Group to Strengthen Its Bargaining Power in Global Market

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China Establishes a Mineral Resources Group to Strengthen Its Bargaining Power in Global Market
A truck transfers imported iron ore at a port in Rizhao in China's eastern Shandong Province on May 15, 2019. STR/AFP via Getty Images
Anne Zhang
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News Analysis

China has set up a new state-owned group in charge of centralized iron ore procurement to increase its bargaining power in the international market.

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Anne Zhang
Anne Zhang
Author
Anne Zhang is a writer for The Epoch Times with a focus on China-related topics. She began writing for the Chinese-language edition in 2014.
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