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  • Last July, hundreds of people protested outside the Fanya Metal Exchange in Kunming in southwestern Yunnan province, alleging the exchange had lost investments of more than 40 billion yuan and complaining of government inaction. Investors also held protests outside the offices of China's financial regulators in Beijing and Shanghai.

  • *Hong Kong has priced in a lot of bad news- analyst. Hong Kong shares also had a positive start to the week, aided by an upbeat mood across Asia, following Friday gains in U.S. and European markets, and a continued rebound in oil and commodity prices. "Hong Kong has priced in a lot of bad news, yet Shanghai less so.

  • *Coming Up: Germany Industrial orders for Jan at 0700 GMT. MELBOURNE, March 7- London copper fell on Monday from four-month highs hit on Friday as traders took profits following last week's rally on concerns that prices had overshot fundamental demand. In China, sentiment improved as investors reacted positively to statements from top Chinese leaders at the...

  • SHANGHAI, March 7- Small-scale brewers from Brooklyn to Beijing are tapping growing demand from cosmopolitan Chinese consumers for high-end beers, a trend which could also help global brewing giants finally unlock frothier profits in the world's largest beer market. China is key for the world's largest beer brands as growth elsewhere stalls, accounting for...

  • BEIJING, March 6- A Shanghai representative to the National People's Congress on Sunday lambasted China's market regulators for igniting a stock crisis that is "destroying the Chinese middle class", a rare rebuke for authorities during their biggest annual event. "The ten years of stock market development since 2007 is a decade of tears for Chinese investors,"...

  • *China not dragging on global economy- state planner chairman Xu. *China targets 6.5-7 pct 2016 growth, fiscal support disappoints. The comments, as Beijing kicked off its 12- day annual national parliament, underscored the challenges facing China as its economy transitions from an investment and export focused economy to one based more on services and...

  • Investors talk in front of an electronic board showing stock informations at a brokerage house in Kaifeng, Henan Province.

    China's economy isn't headed for a hard landing, China's top economic planner said on Sunday, but instability in the global economy does pose a risk.

  • *China not dragging on global economy- state planner chairman Xu. BEIJING, March 6- China's economy isn't headed for a hard landing and isn't dragging on the global economy, China's top economic planner said on Sunday, but uncertainty and instability in the global economy do pose a risk to the country's growth. "China will absolutely not experience a hard landing," Xu...

  • BEIJING, March 5- China's four biggest cities, including Beijing and Shanghai, are working on steps to cool their property markets in response to recent strong housing sales and prices, state media reported on Saturday, citing the country's housing minister Chen Zhenggao. China's housing market bottomed out in the second half of 2015 after cooling for more than...

  • BEIJING, March 5- China said on Saturday it will raise military spending by 7.6 percent this year, its lowest increase in six years, but vowed to protect its maritime rights amid disputes in the East and South China Seas and improve intelligence gathering. The 954.35 billion yuan figure is only around a quarter of the U.S. Defense Department budget for 2016 of $573...

  • WASHINGTON, March 4- The U.S. Commerce Department said on Friday it had launched an anti-dumping and countervailing duty investigation into imports of stainless steel sheet and strip from China. "China hopes the U.S. side corrects its ways that have been determined in past cases to be in violation of WTO rules, and launches investigations in a legal, objective and...

  • *China kicks off annual parliament session. BEIJING, March 4- China commences its once-a-year parliamentary session this weekend to map out plans for dealing with a wobbling economy and worries the ruling Communist Party is losing its credibility as a competent manager. China aims to lay off 5-6 million state workers over the next two to three years, two...

  • SHANGHAI/ HONG KONG, March 4- The offshore yuan rose more sharply against the dollar than its onshore counterpart on Friday, as Chinese leaders met in the capital to ratify development plans for the next five years. But with China's leadership currently meeting to approve the country's economic development blueprint for the next five years in Beijing this week,...

  • MELBOURNE, March 4- London copper was set to post its biggest weekly advance in about six months on Friday as signs of bottoming in oil and a brighter U.S. economy fueled investor appetite for metals. A string of positive U.S. economic data and a recovery in oil and commodity prices this week buoyed risk appetite, while patchy data from China helped raise hopes of a...

  • SHANGHAI, March 4- China's yuan firmed against the dollar for a fourth day after the central bank fixed a stronger midpoint on Friday, while suspected intervention by the central bank also lent support. Agricultural Bank of China and Industrial and Commercial Bank of China, two of the major state-owned banks, typically engage in activities to keep the yuan...

  • *Shanghai homes prices jumped 17.5 pct in year through Jan. *Shanghai rise was seven times faster than rest of nation. HONG KONG/ SHANGHAI, March 4- Frenzied property buying in Shanghai has set alarm bells ringing that a new bubble is forming, just months after China's frothy stock markets crashed, raising fears about a replay of the real estate bust that has hit the...

  • SHANGHAI, March 3- Chinese shares rose for the third straight session on Thursday, extending the previous day's 4 percent rally, as investors await policy cues from a key meeting of China's top legislature that starts on Saturday. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.2 percent, to 3,058.42, while the Shanghai Composite...

  • SHANGHAI, March 3- Chinese shares held a firmer tone on Thursday morning, with continued strength in the property sector sustaining optimism after a 4 percent rally the day before and ahead of a key meeting of China's top legislature that starts on Saturday. Analysts said Beijing had made efforts to stabilise the market- including cutting banks' reserve...

  • SHANGHAI, March 3- China's yuan firmed against the dollar on Thursday after the central bank fixed a stronger midpoint ahead of the National People's Congress meeting that will open on Saturday. The People's Bank of China set the midpoint rate at 6.5412 per dollar prior to the market open, 0.12 percent firmer than the previous fix of 6.549. Guan Tao, a former senior...

  • China's stock markets are the worst performing in the region, according to Thomson Reuters data. Venture capital investments into China's technology start- ups more than doubled to $32.2 billion in 2015, with $4.7 billion of investments so far this year, according to research firm CB Insights. This is poised to rise further, as China is awash with capital from...