Beijing

China factories stall; Japanese exports enjoy rare bounce

China's factories looked to have hit an air pocket in November as a private survey showed output falling for the first time in six months, adding to concerns about slowing economic momentum and to the case for further policy easing from Beijing.

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Money flows to mainland as landmark Hong Kong-Shanghai stock link opens

International buyers snapped up Chinese stocks on Monday at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each other's bourses, a major step towards opening China's tightly controlled capital markets.

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IOC to unveil major Olympic changes next week

The International Olympic Committee will unveil plans to overhaul parts of the sporting extravaganza next week as they look to make the Games more attractive to fans and sponsors alike.

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Mexico scraps $3.75 billion China rail deal ahead of state visit

Mexico has revoked a $3.75 billion high-speed rail contract from a China-led consortium after its uncontested bid prompted an outcry from lawmakers, souring a state visit to Beijing next week by President Enrique Peña Nieto.

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Wanted: 500,000 pilots for China aviation gold rush

China's national civil aviation authority says the country will need to train about half a million civilian pilots by 2035, up from just a few thousand now, as wannabe flyers chase dreams of landing lucrative jobs at new air service operators.

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China to scrap mortgage fees for some home loans: state media

China will scrap some charges for homebuyers who borrow from a government housing fund, state media said on Monday, as Beijing makes another move to boost the weak property market by reducing costs.

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World Bank trims China, East Asia 2014-2016 growth forecasts

The World Bank cut its 2014-2016 growth forecasts for developing East Asia, noting that China was likely to slow due to policies aimed at putting the economy on a more sustainable footing, and it also cautioned of capital-flight risks to Indonesia.

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BMW launches automated driving project in China with Baidu

German luxury carmaker BMW is teaming up with Chinese internet giant Baidu to start highly automated driving trials in Beijing and Shanghai.

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China to restrict expansion of cities in move to curb 'ghost towns'

China will more strictly police the expansion of cities to stop the spread of highly developed but sparsely populated cities or districts known as ghost towns, the state-backed Beijing News reported on Friday.

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China, Spain to sign business deals worth $3.8 billion: official

China and Spain are set to sign business deals worth a total of about 3 billion euros ($3.8 billion) in Beijing this week, an official said, as Spanish Prime Minister Mariano Rajoy visits the Asian giant to drum up support for his country's economy.

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China's central bank adviser: no strong stimulus needed as long as growth within range

China does not need strong policy stimulus as long as economic growth hovers within the government's targeted range, a policy adviser to the People's Bank of China said on Thursday, an indication Beijing will continue with targeted steps to support growth.

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PDVSA seeks bids for Citgo in potential $10 billion deal - sources

Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.

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State support for job cuts boosts prospects of latest Malaysia Airlines plan

The plan to save Malaysia Airlines (MAS) (MASM.KL) could succeed where past endeavours have failed because the government has finally put politics aside by agreeing to sweeping job cuts, people briefed on the restructuring told Reuters.

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China Huarong says Goldman, Warburg, others to buy $2.4 billion stake

China Huarong Asset Management Co Ltd, the country's biggest bad-debt manager, said on Thursday regulators have approved a deal for it to sell a 20.98 percent stake to a consortium of eight investors for 14.5 billion yuan ($2.4 billion).

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China sets up $3.3 billion aviation investment fund: report

China has set up a 20 billion yuan ($3.25 billion) investment fund to help bolster its fast-growing civil aviation industry, local media said on Monday.

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