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Asia Top News and Analysis China

  • LONDON, March 27- What you see is not what you get. This is a truism for any metal stored in London Metal Exchange warehouses but it is particularly relevant in the lead market right now. This scramble for units leaves the London contract vulnerable to cash-date tightness.

  • SHANGHAI, March 27- Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China's outward push into infrastructure via railways and ports around the world. China's state firms have in recent years already chalked up investments in key logistics nodes,...

  • Mobike bicycles are seen in line at a docking area along a pedestrian sidewalk at the Central Business District (CBD) in Beijing, March 27, 2017.

    "Our financial situation is in a very strong position, and we are not in a rush to think about turning a profit," Mobike CEO Davis Wang told CNBC.

  • BEIJING— China has lifted an import ban on beef from Brazil after Brazilian authorities promised to block shipments by producers at the center of a product quality scandal, a foreign ministry spokeswoman said Monday. China, the European Union, Japan and Mexico banned or limited imports. "The Brazilian side has formally informed China that it decided to suspend...

  • BEIJING, March 27- Profits of Chinese industrial firms surged almost 32 percent in the first two months of 2017-- the fastest pace in nearly 6 years-- as prices of commodities from coal to iron ore raced higher. Stronger earnings could give a further boost to fixed-asset investment, which quickened early in the year, and give China's "smokestack" industries more cash...

  • SHANGHAI, March 27- Hong Kong stocks fell on Monday as fresh measures to curb China's heated property market weighed on shares of developers, offsetting data showing strong profit growth for industrial companies early in the year. An index tracking mainland developers tumbled over 4 percent, led by industry heavyweight Vanke, after China restricted...

  • *Hyundai shuts one plant in China for a week, starting March 24. South Korean companies, from cosmetics firms to retailers, say they are being targeted in China because of Beijing's objections to a planned deployment of the U.S. News of Hyundai's China plant closure, first reported by online media ChosunBiz on Sunday, drove shares of the company down as much as 3...

  • SHANGHAI, March 27- China stocks slipped on Monday, as any optimism felt from data showing surging profits at industrial firms was offset by fresh property curbs and signs that monetary policy may be further tightened. Offering fresh signs of China's economic recovery, profits of the country's industrial firms surged 31.5 percent in the first two months of...

  • A photograph of a British nuclear weapons test over Christmas Island in the 1950s at the Imperial War Museum in London.

    None of the major powers were present at high-level negotiations aimed at banning nuclear weapons — a worrisome indicator for global denuclearization.

  • U.S. President Donald Trump (R) holds a joint press conference with German Chancellor Angela Merkel in the East Room of the White House on March 17, 2017.

    The four economies that accounted for 81 percent of America's trade deficit last year sold $943.3 billion more goods than they bought.

  • 2016 one of the hardest years since the financial crisis: PhosAgro CEO

    PhosAgro CEO Andrey Guryev speaks about how his company's earnings were impacted by pricing, as well as China's role in the fertilizer market.

  • *Total borrowings $12.7 bln in 2016 vs $11 bln mid-2014. Neither the Shenzhen- based firm nor local authorities disclosed reasons behind the sales block, yet its predicament was widely interpreted as highlighting the uncertain operating conditions and amounts of debt that Chinese developers faced. In updating earnings, trading of Kaisa's Hong Kong- listed...

  • *China curbs commercial property purchases in Beijing. Hong Kong shares fell, as the market gave a cold welcome to Beijing- backed Carrie Lam, who was elected on Sunday as the city's chief executive. China introduced rules to curb the purchase of new commercial property in Beijing by individuals in the government's latest step to cool the property market, while...

  • Neither the Shenzhen- based firm nor local authorities disclosed reasons behind the sales block, yet its predicament was widely interpreted as highlighting the uncertain operating conditions and amounts of debt that Chinese developers faced. In updating earnings, trading of Kaisa's Hong Kong- listed shares could resume after being suspended on March 31,...

  • China makes friends Down Under

    Bate Gil, professor at Australian National University, says China is looking to get more support in the region for its multilateral trade framework.

  • BEIJING, March 27- Profits of Chinese industrial firms surged 31.5 percent in the first two months of 2017 from a year earlier as prices of commodities from coal to iron ore raced higher, while strong imports also pointed to a pick-up in activity. Stronger earnings could give a further boost to fixed-asset investment, which quickened early in the year, and give...

  • New Zealand-China growing trade ties

    Jason Young at the Victoria University of Wellington says the New Zealand will focus on value rather than volume of exports to China.

  • WELLINGTON, March 27- China and New Zealand ramped up their cooperation on Monday, pledging to expand their existing free trade agreement into what visiting Premier Li Keqiang called China's "most advanced" with a developed country. In a column published on Monday in the New Zealand Herald, headlined "To New Zealand, with love", Li wrote that rising international...

  • *Hyundai shuts one plant in China for a week, starting March 24. South Korean companies, from cosmetics firms to retailers, say they are being targeted in China because of Beijing's objections to a planned deployment of the U.S. News of Hyundai's China plant closure, reported by online media ChosunBiz, drove shares of the company down as much as 3 percent on Monday.

  • Hong Kong people want democracy: Emily Lau

    Emily Lau, Democratic Party, says giving Hong Kong democracy will not undermine China's security.