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Friday, September 11, 2015
Mainland China's factory gate prices fell at their fastest rate in six years in August, its authorities said Thursday, as mainland executive chief Li Keqiang warned that transforming the world's second-largest economy will be a "painful and treacherous" process.
Mainland China's auto sales declined in August for a third month but some brands reported gains following a market downturn that shook the global industry.
Moody's Investors Service is challenging a US$3 million fine by Hong Kong's securities regulator, which accuses the credit rating agency of misconduct over a 2011 report that flagged potential problems at mainland Chinese companies.
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Mainland China plans to launch a yuan-denominated international benchmark for crude oil futures this year aimed at the Asian market, an industry source said Thursday.
Thursday, September 10, 2015
IS demands ransom for Chinese, Norwegian hostages
The Islamic State group said Wednesday it was holding a Chinese and a Norwegian hostage and asked for an unspecified ransom for their release.
Mainland Chinese online giant Alibaba on Wednesday set up a new company to focus on professional sports, it said in a statement, as it seeks new business areas beyond e-commerce.
Wednesday, September 9, 2015
Mainland Chinese exports and imports contracted in August in the latest sign of weakness for the world's second-biggest economy.
Schoolchildren waved flags and paramilitary troops marched in full battle dress at a mass spectacle China staged Tuesday to mark 50 years since establishing Tibet as an ethnic autonomous region firmly under Beijing's control.
Tuesday, September 8, 2015
China on Monday lowered last year's growth figure, already the weakest in a quarter-century, days after worries about slowing expansion in the world's second-largest economy caused global stock market havoc.
China's foreign exchange reserves fell by a record US$93.9 billion last month, the government said Monday, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.
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