Bloomberg The enforcement mechanism for a prospective deal to end the trade war between China and the US must be “two way, fair and equal,” according to Vice Commerce Minister Wang Shouwen. Speaking on Saturday at a press conference in Beijing, Wang said he “feels hopeful” about the prospects for the negotiations, which are nearing completion amid pressure from US ...

Bloomberg China’s coal imports in February tumbled 42 percent from the prior month as the world’s top buyer stalled custom clearances of shipments from Australia, sparking speculation it was retaliating politically against one of its biggest suppliers. Shipments dropped to about 630,036 tons a day from 1.08 million in January, which was the highest since 2014, according to Bloomberg calculations ...

Bloomberg A bankruptcy court approved ArcelorMittal’s offer to buy Essar Steel India Ltd., taking the world’s largest steelmaker closer to opening shop in the South Asian nation after months of court battles. The National Company Law Tribunal approved the resolution plan submitted by ArcelorMittal and partner Nippon Steel & Sumitomo Metal Corp., according to ArcelorMittal ’s lawyer Ruby Ahuja. The ...