Legal fight chills China metal trade after port probe
HSBC, Standard Chartered, Citi, Standard Bank , Mercuria Energy Chinese Trading and Citic Resources have more than $ 880 million of exposure, according to company statements and reports. In addition, Chinese media reported on June 18 that Chinese banks …
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Shares of Chinese Pork Producer WH Group Soar in Trading Debut
The WH Group was created last year after Shuanghui International of China paid $ 4.7 billion in cash for Smithfield Foods, the biggest pork producer in the United States. That deal remains the biggest-ever buyout of an American company by a Chinese one.
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