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Asia Top News and Analysis China


  • NEW YORK, Aug 27- Stock around the world rallied on Thursday, shaking off a slump related to China growth fears, as strong U.S. economic data boosted investor sentiment and crude oil rebounded sharply. All three major U.S. indexes were up less than 1 percent in afternoon trade, trimming earlier gains, following share rebounds in China and Europe.

  • MILAN, Aug 27- Italian luxury group Salvatore Ferragamo may opt for smaller new stores in China as local consumers shop more online and abroad, its chief executive said on Thursday. Asia-Pacific is the biggest market for the Florentine shoemaker and sales there declined 4 percent at constant exchange rates in the first half of 2015, even though the brand's own...

  • *China Vanke among firms looking to join spin-off trend. "Two, three years ago there was no problem with selling any new projects even in the third- and fourth-tier cites, so people didn't really care about services," said Peterson Liang, deputy executive director of Colliers International Real Estate Management Services in Shanghai. Top developer China Vanke is...

  • NEW YORK— Do the stock market's big swings have you feeling helpless? Although you can't control what happens in Shanghai-- or the fact that troubles in China can drag down stocks here by 10 percent in just over a week-- you do have control over one crucial factor affecting your portfolio: how much you pay in expenses. They paid an average of $54 in fees for every $10,000...

  • BEIJING, Aug 27- Concerns over a possible U.S. rate rise by the Federal Reserve may have sparked a global stock market rout rather than the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday. Yao's comments, which came on the same day that state media issued a number of commentaries defending China's policy...

  • Average Chinese retail investor in 'shock phase': Pro

    What do the moves in China mean for the retail investor? David Chao, DCM Ventures co-founder and general partner, joins Squawk Alley to discuss.

  • PARIS, Aug 27- French carmaker Citroen is preparing a series of model launches, brand chief Linda Jackson told Reuters, in a bid to reverse a sales slump that threatens to hamper parent Peugeot's recovery from near bankruptcy. With sales down sharply, Citroen is a blot on Peugeot's otherwise stellar rebound. Sales of Peugeot models rose 3.9 percent in January...

  • Santelli Exchange: Financial stability risks

    Danielle DiMartino Booth, advisor to former Dallas Fed President Richard Fisher, joins CNBC's Rick Santelli to discuss the latest market action including currency wars, China, and the Fed.

  • *Eyes on central banker meeting in Jackson Hole. NEW YORK, Aug 27- Stock markets around the world rallied on Thursday, helped by strong U.S. economic data and after a U.S. "The bounce in Wall Street and stabilization in Asia are causing the market to rally back," said Clairinvest fund manager Ion-Marc Valahu.

  • Looking for a Q4 rebound: UBS CIO

    Jorge Mariscal, UBS CIO, further discusses China's credibility crisis. Watch the foreign exchange reserves of the central bank of China as a key indicator for stability in the currency, says Mariscal.

  • BEIJING, Aug 27- China's devaluation of its yuan currency should not be made a scapegoat for the recent global stock market rout, a senior Chinese central bank official told Reuters on Thursday. "China's exchange rate reform had nothing to do with the global stock market volatility, it was mainly due to the upcoming U.S. Yao's comments, which came on the same day that...

  • A teller counts yuan banknotes in a bank in Lianyungang, China, August 11, 2015.

    China has expanded its debt-for-bond swap programme for local governments to 3.2 trillion yuan ($499.7 billion) from 2 trillion yuan.

  • BEIJING, Aug 27- China has expanded its debt-for-bond swap programme for local governments to 3.2 trillion yuan from 2 trillion yuan, state news agency Xinhua quoted Finance Minister Lou Jiwei as saying on Thursday. The programme, which is meant to ease the financing pressure on China's heavily indebted local governments, has been steadily expanded from a...

  • Chris Christie: Iran deal wrong

    Gov. Chris Christie, (R-N.J.), talks about why he is against the Iran nuclear deal, and weighs in on enforcing current gun laws. Also Christie explains why he thinks Hillary Clinton should get out of the presidential race.

  • Chris Christie: Too much debt

    Gov. Chris Christie, (R-N.J.), says President Obama has played to the investor class and made rich people richer. Also Christie provides his thoughts on China's role in market's current crisis.

  • Gov. Christie economic plan

    Gov. Chris Christie, (R-N.J.), talks about the key issues he is targeting in his campaign, including entitlement reform and immigration.

  • Chris Christie's path to winning

    Gov. Chris Christie, (R-N.J.), discusses his bid for president and message to voters.

  • Gov. Christie: Running in crowded GOP field

    Campaigns matter, says Gov. Chris Christie, (R-N.J.), weighing in with his plan to gain traction among the 17 other Republicans candidates running for president.

  • Red flags for China's economy: Expert

    Peter Navarro, UC Irvine economics professor, shares his bearish outlook for China.

  • Don't let China markets confuse you: Pro

    Tom White, Thomas White International, shares his bullish outlook on China's stocks and economy.