CHINA'S national metal trader is to hold talks with a leading Taiwanese cable dealer on trade co-operation, according to a mainland official.
China National Non-ferrous Metals Import and Export Corp (CNNMIEC) president Fang Dacheng said officials from his company would meet a delegation from Taiwan's Pacific Cable in Beijing later this month.
Mr Fang said his corporation was seeking to sell materials to the Taiwanese, and possibly buy some products from them.
He said CNNMIEC was considering building a warehouse in Taiwan to assist in the deal.
CNNMIEC is a wholly owned subsidiary of China National Non-ferrous Metals Industry Corp (CNNMIC).
Mr Fang, who is also general manager of CNNMIC, said CNNMIC's wholly owned subsidiary, Jinchuan Non-ferrous Metals, was seeking to acquire more shares in Paladin, in which Jinchuan already had a 30.1 per cent stake.
He said Jinchuan would also target shares in other Hongkong companies.