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(Bloomberg) -- China is planning a state-backed iron ore company to oversee everything from massive mine investments in West Africa to buying the steelmaking material from global suppliers, according to people familiar with the matter.
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>>> Read more: China Plans Iron Ore Giant to Assert Market Control
Most Read from Bloomberg
This Could Be the Start of a Dollar âDoom Loopâ Like No Other A Goldman Legend, Crypto Star and Top Banker Warn of Next Big Risk Pakistanâs Khan Demands Early Polls After By-Election Win China Seeks to Stem Mortgage Boycot...
>>> Read more: China Plans Iron Ore Giant to Assert Market Control