China launches WTO complaint on U.S. tariffs linked to IP issues
Beijing has sought consultations with the United States, the first step in a WTO dispute, over its announced tariffs on $50 billion worth of Chinese imports.
The privatization process will see Mongolia's government holding a majority 51% stake after selling 19% to investors and distributing the remainder to its 2.7 million citizens, but the $3 billion IPO faces fresh delays in Hong Kong.
During the first eleven months of 2011, global usage grew by only 2.7% over 2010, but accelerated in October-November to 12% due to an jump of 38% in China.
Wild price swings caused by a volatile rupee sapped Indian buying interest in gold in the fourth quarter of 2011, with imports well short of expectations and no pick up expected this year, dropping it behind China for the first time.
An Indian conglomerate is planning to build Queensland's biggest coal mine near Rockhampton in the state's central region, including a new town, runway, railway and port facilities.
The Philippines is taking a cue from South Africa, Australia and Zambia, all recent examples of government attempts to extract more revenues from their mining sectors and add more controls.
After achieving a toe-hold in Afghanistan with the award of a major iron ore contract, Indian companies are turning their attention to the troubled country's copper and gold reserves.