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India aims to be second largest steel producer

Mining cost for steel companies to go up

China injects 50 bln RMB into market

China's exports declined more than expected in July, hobbled by a strong yuan and lowerdemand in the European Union, and adding pressure on the government to stabilize growth.

China's producer prices continued to fall in July, pointing to looming deflation risk, datafrom the National Bureau of Statistics (NBS) showed on Sunday.

China's consumer price index (CPI), a main gauge of inflation, rose to 1.6 percent inJuly, the highest level seen in 2015.

China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy.

In 2014, the private investment in fixed assets reached 32,157.6 billion yuan, a year-on-year increase of 18.1 percent in nominal terms, 0.2 percentage points higher over that in the first eleven months. The proportion of private investment in fixed assets to ...