Melbourne-based BHP Billion said coking coal contracts would be based on shorter-term market prices, a pricing system that could be extended to iron ore trading
China's foreign exchange agency has not decided whether it will inject funding into Chinese banks with lowered capital adequacy ratios due to last year's lending
Misconceptions on China's role in financing the U.S. budget deficit and the peg of the yuan to the dollar dangerously oversimplify Sino-American interdependence
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