Guangdong

Weak Chinese demand may push zinc stocks to LME warehouses

More refined zinc is likely to be shipped from bonded warehouses in China to warehouses approved by the London Metal Exchange in Asia in the fourth quarter as tight credit crimps domestic demand at a time of increased imports, traders said.

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Actavis exits stake in China joint venture to Chiral

Dublin, Ireland-based pharmaceutical firm Actavis sold its stake in Chinese subsidiary Actavis (Foshan Pharmaceutical Co) for an undisclosed sum because of its limited presence in the country.

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