Economic highlights for this week
- By Matt Velker
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China.org.cn, June 14, 2011
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Follow the stock market. Get the updates you need to make sense of the dynamic, global economy. China.org.cn brings you the economic highlights for this week:
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China plans to consolidate the country's rare earth production. |
1) Top 3 rare earth firms to be named
The Chinese government is expected to convene a high level meeting with industry officials this week to discuss the consolidation of rare earth production in southern China. If implemented, a regulation released by the State Council last month would increase the market share of three ion-absorbed rare earth firms in southern China to 80 percent. The names of the three companies are expected to be released this week.
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