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On Oct. 19, Jiang Wei, vice-chair and secretary-general of the China Iron and Steel Association, met André Gerdau Johannpeter, chairman of Brazil steelmaker Gerdau. They discussed China‑Brazil steel industry developments, steel demand trends and coun

2026-10-19

On Oct. 19, Jiang Wei, vice-chair and secretary-general of the China Iron and Steel Association, met André Gerdau Johannpeter, chairman of Brazil steelmaker Gerdau. They discussed China‑Brazil steel industry developments, steel demand trends and countermeasures, the green low‑carbon transition, and measures to deepen bilateral industry exchange and cooperation.

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2026-10-19

Amazon: The project could create more than 1,000 construction jobs and more than 100 permanent positions.

Amazon: The project could create more than 1,000 construction jobs and more than 100 permanent positions.
2026-10-19

PBOC's Pan said the central bank, together with the Financial Regulatory Administration and the CSRC, will establish a liquidity-support tool to address large redemptions at non-bank institutions. The measure is intended as a bond-market stabilizatio

PBOC's Pan said the central bank, together with the Financial Regulatory Administration and the CSRC, will establish a liquidity-support tool to address large redemptions at non-bank institutions. The measure is intended as a bond-market stabilization mechanism and a new PBOC macroprudential instrument. It will be activated in scenarios of collective liquidity stress at asset managers and a redemption-to-sale negative loop in the bond market. Operations will require meeting macroprudential conditions and provision of high-grade collateral to avoid pricing distortion and a perceived blanket backstop, and to preserve market discipline. Eligible entities include bank wealth-management subsidiaries, public fund managers, and their parent banks or securities firms.
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