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Hangzhou Jinjiang Group's general manager Zhang Jianyang, vice general manager Sun Jiabin and their team had attended the SECOND BELT AND ROAD FORUM FOR INTERNATIONAL COOPERATION, they also attended the signing ceremony of comprehensive strateg...
Domestic News
China holds back fistful of Fortescue dollars for another deal
- China Aluminium Network
- Post Time: 2009/4/15
- Click Amount: 398
The major investment in Fortescue Metals Group by Hunan Valin Steel, which had aimed to acquire 17% of the Australian iron ore miner, has not been given the green light by China's National Development & Reform Commission. The agency is concerned that the conditions previously attached to the agreement between the partners by Australia's Foreign Investment Review Board could set an unfavourable precedent.
Source: Trading Markets
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