Posts by Xinhua News Agency:

China’s crude steel output rises 10.6 pct

BEIJING, Oct. 2 (Xinhua) -- China's crude steel output increased 10.6 percent year-on-year to 469.28 million tonnes in the first eight months, according to the National Development and Reform Commission (NDRC). The growth rate was 4.7 percentage points

BHP Billiton confident in China’s sustained growth

BHP Billiton is confident about sustained growth in China despite the worldwide market turmoil, Chairman of the world's biggest miner said on Wednesday. Speaking at a business lunch in Sydney, BHP Billiton Chairman Jacques Nasser said the global market turmoil has not changed the company's view of sustained growth in China. China buys about 30 percent of BHP's exports, and Nasser says the company is positive about China's future.