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  • *China seeks to move to services to create employment, reduce pollution. *China needs to climb value chain to avoid middle income trap. "It's too early for China to give up manufacturing," said Zhu Baoliang, chief economist at the State Information Centre, a top government think tank in Beijing.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 7.7 percent, to 3,355.16. Among the most active stocks in Shanghai were Bank of China, down 10.0 percent to 4.48 yuan; Agriculture Bank of China, down 9.9 percent to 3.55 yuan and ICBC, down 9.9 percent to 4.64 yuan. In Shenzhen, BOE Technology, down 8.5 percent to 3.01 yuan; TCL Corp, down 7.7...

  • Jan 19- China's economic growth rate is likely to cool further this year, restrained by sluggish lending, a housing slump and weak global demand, a Reuters poll showed. On Tuesday, data are likely to show China's economy expanded 7.2 percent in the final quarter of 2014, the slowest pace since the depths of the global financial crisis. Beijing is in the midst of its...

  • In China, financial shares were slugged as Beijing cracked down on credit products that have been blamed for fueling excessive market speculation over the past three months. The Shanghai market shed 6.4 percent, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen slid 6.5 percent. MSCI's broadest index of Asia-Pacific shares...

  • SHANGHAI, Jan 19- China stocks collapsed in morning trade on Monday, with financials hammered after regulators cracked down on credit products that have been blamed for fuelling excessive market speculation over the past three months. "The entrusted loan regulation and margin trading penalties had combined impacts on market sentiment, adding to volatility...

  • TOKYO— Shanghai shares drop sharply as regulator curbs margin trading by 3 brokerages after probe.

  • SHANGHAI, Jan 19- China stocks collapsed in early trade on Monday, with financials hammered after regulators cracked down on credit products that have been blamed for fueling excessive market speculation over the past three months. "The entrusted loan regulation and margin trading penalties had combined impacts on market sentiment, adding to volatility and...

  • SHANGHAI, Jan 19- China's banking regulator has issued draft rules to tighten supervision of entrusted loans, a kind of shadow banking product, in a move seen targeting excessive leverage used to speculate on stocks. "The impact of industry overcapacity, local government debt, shadow bank and property risk on the capital markets is not negligible," China...

  • *China stock markets hit by clamp down on margin trading. SYDNEY, Jan 19- Most Asian share markets followed Wall Street higher on Monday, though investors were wary of being disappointed yet again by economic data from China and policy stimulus in the euro zone. The Shanghai market shed 3.9 percent, while the CSI300 index of the largest listed companies in Shanghai...

  • SHANGHAI, Jan 19- China's key stock indices fell over 5 percent at open on Monday with financials falling sharply after the securities regulator punished top brokerages for illegal doings in their margin trading business.

  • BEIJING, Jan 18- China's new home prices fell significantly in December for a fourth straight month even as. Sunday's gloomy National Bureau of Statistics' data foreshadowed weak economic figures set for Tuesday, with expansion expected to slow to 7.2 percent, the weakest since the depths of the global financial crisis. If the GDP data proves worse than expected,...

  • *Dec home prices fell for 4th month y/y. BEIJING, Jan 18- China's new home prices fell significantly in December for a fourth straight month even as. If the GDP data proves worse than expected, some analysts say the People's Bank of China could cut interest rates further or lower reserve requirement ratios for all banks.

  • BEIJING, Jan 18- China's new home prices fell significantly in December for a fourth straight month with persistent oversupply expected to keep pressure on real estate prices and investment, even as year-end sales surged. Average new home prices across China fell 4.3 percent last month compared with year-ago levels, a faster decline than the 3.7 percent drop...

  • BEIJING, Jan 18- China's new home prices fell in December for the fourth straight month and are expected to continue heading lower this year, pointing to a persistent property downturn that is increasingly dragging on the broader economy. Average new home prices across China fell 4.3 percent last month compared with year-ago levels, a faster decline than the...

  • China Dec home prices fall 4.3 pct yr/yr Saturday, 17 Jan 2015 | 8:36 PM ET

    BEIJING, Jan 18- Average new home prices in China's 70 major cities fell 4.3 percent in December from a year earlier, the fourth consecutive month showing an annual fall, Reuters calculated from official data published on Sunday. China's real estate market has been plagued by falling prices and high inventories in recent months, crimping demand in 40 economic...

  • LONDON, Jan 16- Dr Copper is back in the headlines. This week's dramatic collapse in global copper prices has generated all sorts of dire warnings about what Dr Copper is telling us about the global economy. After all, he's called Dr Copper for a reason, right?

  • LONDON, Jan 16- Copper rose on Friday, edging further away from 5-1/ 2 year lows hit this week, after China's move to boost lending measures helped ease fears about the outlook for demand, but the metal was still heading for its biggest weekly loss since 2011.. Copper found near-term support from news China's central bank will increase its relending quota by 50...

  • Jan 16- Hong Kong shares drifted downward on Friday as losses on Wall Street spread to Asia. Among the most actively traded stocks on Hong Kong's main board were China National Culture Group, down 11.1 percent to HK $0.12 Bank Of China, down 0.7 percent to HK $4.44 and Semiconductor Manufacturing International, down 2.8 percent to HK $0.70. Chinese investment...

  • BEIJING, Jan 16- China stocks climbed higher on Friday as gains on Shenzhen's ChiNext Composite, focused on small cap and tech stocks, outstripped blue chip heavy Shanghai. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.9 percent, to 3,635.15, while the Shanghai Composite Index gained 1.2 percent, to 3,376.50 points.

  • BEIJING, Jan 16- China announced fresh support measures on Friday for its slowing economy after data showed a worrying drop in bank lending and foreign investment growth falling to a two-year low. The latest attempt to ease policy in a "targeted" manner to help the most vulnerable sectors came as data showed that foreign direct investment in China rose just 1.7...