Currently, China´s self sufficiency in iron ore is about 50%. But the Ministry of Land and Sources has reported that China´s future reserves of iron ore are estimated at over 200 billion tons, easing the country´s dependence on imported iron.
HeadlinesThe second round of negotiations on the cross-strait economic cooperation framework agreement is set to be held in Taipei.
The European Union is ready to offer aid to Greece one day after Greek Prime Minister George Papandreou threatened to turn to the International Monetary Fund ( IMF) for help.
Two days before a make-or- break vote in the House of Representatives, U.S. President Barack Obama visited a Washington suburbs university Friday to push the health insurance reform.
At the invitation of Russian Prime Minister Vladimir Putin, Chinese Vice President Xi Jinping arrived here Saturday for a five-day official visit to Russia.
Israeli warplanes have struck at least seven targets in the Gaza Strip, wounding at least 12 Palestinians.
A bloody drug turf war continues to claim innocent lives in Mexico. Parents are too afraid to let their children venture into the streets.