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Asia Top News and Analysis China

  • "It's not a local issue anymore," said study co-author Dabo Guan, an economist at the University of East Anglia in England. What that looks like in China: 238,000 deaths a year associated with production of goods that are bought or consumed elsewhere. That number is 106,000 deaths in India and 129,000 deaths in the rest of Asia.

  • When the presidents of the U.S. and China meet next week, one topic that going to be come up is North Korea.

  • *China says climate pledges under Paris Agreement unchanged. BEIJING/ OSLO, March 29- Nations led by China and the European Union rallied around a global plan to slow climate change on Wednesday after U.S. Chinese foreign ministry spokesman Lu Kang, whose government cooperated closely with former U.S.

  • SHANGHAI/ BEIJING, March 29- China Construction Bank Corp, the country's second-biggest lender by assets, reported on Wednesday a slightly higher 2016 net profit amid a squeeze on bank margins. The results came a day after two other of China's leading banks, Bank of Communications and Agricultural Bank of China, reported modest profit growth as they battle the...

  • NEW YORK— Talks with a Chinese company seeking a stake in a Fifth Avenue skyscraper owned by the family of Jared Kushner are over. The Kushner Cos. confirmed Wednesday that negotiations with Anbang Insurance Group to help fund redevelopment of the family's struggling office tower on Manhattan's Fifth Avenue have ended. Kushner Cos. bought the property in 2007...

  • Chinese President Xi Jinping

    When the Chinese president visits Trump, the politicians should make an announcement on North Korea. But they probably won't.

  • SHANGHAI/ BEIJING, March 29- China Construction Bank Corp, the country's second-biggest lender by assets, on Wednesday reported a 2.8 percent rise in fourth-quarter profit, beating analyst estimates. October-December profit rose to 37.63 billion yuan versus 36.6 billion yuan a year earlier, according to Thomson Reuters calculations based on the company's...

  • *China says climate pledges under Paris Agreement unchanged. BEIJING/ OSLO, March 29- Nations led by China and the European Union rallied around a global plan to slow climate change on Wednesday after U.S. Chinese foreign ministry spokesman Lu Kang, whose government cooperated closely with former U.S.

  • Expert: When manufacturing is good, people will be bullish on China

    Leland Miller, China Beige Book International president, discusses the latest economic data coming from China.

  • BEIJING— China promised Wednesday to stick to its climate commitments after President Donald Trump eased U.S. curbs on coal and oil use, opening the way for Beijing to assert itself as a leader in environmental policy. China is the No. 1 emitter of climate-changing greenhouse gases but also the top investor in solar, wind and other renewable energy.

  • BEIJING, March 29- Two senior oil traders at Sinopec Corp have resigned, with one set to join a private Chinese e-commerce commodity platform, two sources at the top Asian refiner told Reuters. Xu Qing is leaving his post as vice president of Sinopec Fuel Oil Sales Co to become a senior executive with privately-owned ChinaYIE, a Shanghai- based online commodity...

  • BEIJING, March 29- China is still committed to the Paris climate change accord agreed in 2015, the Foreign Ministry said on Wednesday, after U.S. Trump's main target is former president Barack Obama's Clean Power Plan, which required states to slash carbon emissions from power plants- a key factor in the United States' ability to meet its commitments under the...

  • *Profits soar 28 percent to more than 10 billion yuan. HONG KONG, March 29- Fosun International Ltd, one of China's most aggressively acquisitive conglomerates, said its chief executive and vice president stepped down in a surprise reshuffle that has raised concerns over the group's strategy. The resignation of co-founder and Chief Executive Liang Xinjun and...

  • SHANGHAI, March 29- Hong Kong stocks pared early gains to end slightly higher on Wednesday, as weakness in property shares offset buying in shipping firms and index heavyweight Tencent. More large cities on China's wealthy east coast- Fuzhou, Xiamen, and Hangzhou- stepped up property curbs this week, following Beijing's drastic moves that analysts say could...

  • SHANGHAI, March 29- China stocks slid on Wednesday, posting losses for the third day in a row amid concerns over liquidity and tighter polices as the money market saw a net drain for a fourth consecutive day after the central bank skipped open market operations. "The Baltic index, as well as recent U.S. economic data, all point to improving global trade conditions,"...

  • SHANGHAI, March 29- China stocks slid on Wednesday, posting losses for the third day in a row amid concerns over liquidity and tighter polices as the money market saw a net drain for a fourth consecutive day after the central bank skipped open market operations. "The Baltic index, as well as recent U.S. economic data, all point to improving global trade conditions,"...

  • BEIJING, March 29- Moody's Investors Service warned on Wednesday that the financial risks facing China from a potential property downturn have grown as record lending has made banks more risk-prone while the government is less able to combat those risks. More large cities on China's wealthy east coast- Fuzhou, Xiamen, and Hangzhou- stepped up property curbs...

  • *Australia/ China economic ties grow with Premier Li visit. *China, Australia plug free-trade message after Trump dumps TTP. But growing trade ties are only one side of a delicate super-power balancing act for Australia, whose unshakeable security relationship with the United States and Western democratic values have limited how cozy it gets with China.

  • *China official PMI seen unchanged at 51.6 in March. *Data due on March 31 at 0100 GMT. BEIJING, March 29- Activity in China's vast manufacturing sector likely grew for an eighth straight month in March as a surprise rebound in the property market added to a construction boom, boosting sales of building materials from steel to cement, a Reuters poll showed.

  • SHANGHAI, March 29- China and Hong Kong stocks rose on Wednesday as further signs of a pick-up in global trade boosted shares of port operators and shipping companies, offseting concerns about fresh property market cooling measures. China's blue-chip CSI300 index rose 0.3 percent to 3,479.14 points by the lunch break, while the Shanghai Composite Index...