China
China steel demand shrinks for first time in 14 years as slowdown stings
China's steel consumption dropped this year for the first time since at least 2000 due to slower economic growth, leading to a surplus of iron ore in the country and a more than 40 percent plunge in prices of the steelmaking raw material.
Huawei to invest $4 billion in fixed broadband R&D in next three years
Huawei Technologies Co Ltd [HWT.UL], the world's largest telecommunications equipment maker, said it would invest more than $4 billion in fixed broadband technology research and development (R&D) in the next three years.
China, Spain to sign business deals worth $3.8 billion: official
China and Spain are set to sign business deals worth a total of about 3 billion euros ($3.8 billion) in Beijing this week, an official said, as Spanish Prime Minister Mariano Rajoy visits the Asian giant to drum up support for his country's economy.
China to cut cotton import quotas to boost demand for domestic fiber
China, the world's top consumer of cotton, will slash its import quotas for 2015 to boost demand for domestic fiber, a senior official said on Monday, driving futures prices in both China and the United States lower.