Kimderlite Diamond, China’s largest diamond processor, has launched a facility in Shanghai’s Pudong district that is capable of processing 150,000 karats of diamond a year, China Business News reported. The capacity is equivalent to 25% of the total weight of diamonds China imported in 2007. The Pudong plant will screen, polish, carve, design, em...

China’s coking coal firms are planning to curb production amid falling prices and narrowing profit margins caused by plummeting demand from steel mills, the Shanghai Securities News reported, citing a speech to an ongoing coal forum by Huang Jingan, director of the Coking Coal Industry Association. “Production [of coking coal] has been decreasing...

Guangdong Bangjia Leasing Co is set to transform China’s white goods market. Retailers may feel the pinch but its leasing model opens up new channels for manufacturers, the China Securities Journal discovers

The tainted infant formula scandal is spreading from one product and one company to infect the entire domestic dairy industry. Foreign brands could be the big winners, writes Tony Jin