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To justify its somewhat pessimistic price forecasts, Treasury argues that Chinese demand for steel has likely peaked, while the recovery in the supply of iron ore and metallurgical coal has put downward pressure on prices.

Pessimistic iron ore, coal forecasts give Chalmers room to wriggle

Treasury assumes that iron ore and coal prices will fall from their present elevated level back to their long-run levels by the end of the March quarter in 2025.

  • Karen Maley
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Investors weigh whether to chase China’s new bull market

The 27 per cent surge in Chinese stocks this year continues to wrong-foot many asset managers, but some are cashing in following a disappointing few years.

  • Alex Gluyas
The Warren Air Force Base in Wyoming.

Biden orders Chinese crypto miner to sell land near US military base

The US president ordered MineOne Partners and its associates to sell the land next to Warren Air Force Base in Wyoming within 120 days.

  • Demetri Sevastopulo
A worker processes nickel at a smelter near Sorowako on Sulawesi island in Indonesia.

Stellantis, Vale in nickel talks in Indonesian coup

The smelter deal would bring a rare Western investor to Indonesia, the world’s biggest producer of a commodity critical to making electric cars.

  • Updated
  • A. Anantha Lakshmi and Harry Dempsey
Critics of the Albanese government’s gas strategy seem content for governments to prolong the lives of coal-fired power stations at taxpayers’ expense.

Gas critics are signing up for coal and candles

The climate movement needs to ask itself what is worse: gas in the new energy mix, or coal that lingers for longer.

  • Craig Emerson
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The US is now the sole engine of economic growth again.

Why the world won’t respond to shocks as it did before

The world economy is fragmenting, with countries going in different directions. They will not react to frequent violent changes in the same ways.

  • Mohamed El-Erian
Qu Jing, the former head of public relations at Baidu.

Baidu’s PR boss was fired for being a workplace tiger mum

When the of head of public relations for China’s Google was fired over blunt remarks about staff, managers everywhere lost an honest voice.

  • Aaron Patrick

Yesterday

The University of Melbourne has maintained top spot in a new ranking.

Three Australian unis make it into new global top 100

The Universities of Melbourne, Sydney and NSW are in the latest Centre for World University Rankings, but there are concerns about the nation’s research output.

  • Julie Hare
A freeway under construction in Jinan, China. Beijing is raising money to fund more infrastructure spending.

China kicks off bond sale to fund stimulus

Government spending in infrastructure will be key to ensuring China achieve its growth target of about 5 per cent this year.

  • Helen Sun
Prime Minister Anthony Albanese with Narendra Modi during the Indian PM’s Australian visit last year.

As India votes, doubt grows about Modi’s intentions

India’s prime minister is set to extend his power once the election results are known. That is likely to bring further tests for Australia and the world.

  • James Curran

This Month

A BYD model is displayed at the Auto China 2024 in Beijing.

US set to impose 100pc tariffs on Chinese EVs

The move expected this week marks the latest effort by the Biden administration to protect America’s domestic industry from cheap competition.

  • Updated
  • Alan Rappeport and Jim Tankersley
Investors are hoping for more policy support from the Chinese President.

Iron ore’s big China property problem isn’t going away

Pockets of strength in the Chinese steel market have boosted the raw material after a plunge below $US100 a tonne early last month but investors are cautious.

  • Annie Lee and Jessica Zhou
An Australian Seahawk helicopter.

China’s grim pattern in South China Sea needs a collective response

A quiet tussle is going on over China’s ambitions to control all of its neighbouring seas. Affected countries need to unite before China miscalculates.

  • Jennifer Parker
A Seahawk helicopter prepares to take off from the deck of HMAS Hobart.

Australia’s defence chief rejects Chinese spying claims

In his first comments on dramatic helicopter near miss, General Angus Campbell said a Chinese pilot had acted unsafely and unprofessionally.

  • Andrew Tillett
 Zeekr EVs were all the rage at the  China Auto Show in Beijing last month.

This is how China’s car dealers are driving the EV revolution

Chinese car dealers are ditching foreign brands slow to respond to the EV transition, while turning to homegrown makers that have been gobbling up market share.

  • Gloria Li
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Why Australia could benefit from engaging with China on clean energy

A new report provides the framework for a forward-looking Australia-China relationship, identifying vast potential for economic co-operation.

  • James Curran
The sun sets on hopes for BHP’s Nickel West Kalgoorlie smelter.

Albanese’s troubled critical minerals dream

The Albanese government has high hopes for much more downstream processing of critical minerals. But the numbers aren’t adding up. What can change that?

  • Jennifer Hewett
Cettire chief executive Dean Mintz earlier this year. He rarely makes public appearances and did not allow his photo from the Macquarie Australia Conference to be published.

Cettire founder makes rare appearance to talk up retailer’s growth

The luxury goods marketplace has been under considerable investor pressure with questions over some of the company’s duty and tax payment practices.

  • Carrie LaFrenz
Xi Jinping and Emmanuel Macron at a Franco-Chinese Business Council dinner.

Xi urges Macron to help avoid a ‘new cold war’

The Chinese leader told his French counterpart that the two nations should uphold mutual benefits, and jointly oppose decoupling and the disruption of supply chains.

  • William Horobin, Samy Adghirni and Li Liu
Houses in Zhouzhuang old town. Home buyers are no longer focused on new builds.

Why the Chinese are warming to ‘second-hand’ homes

With tens of thousands of new developments yet to be completed, house hunters are looking again at older buildings. End buyers don’t trust developers any more.

  • Thomas Hale, Wang Xueqiao, Andy Lin and Chan Ho-him