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

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
Updated:
0:00
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.

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.
Related Topics