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China warns of property-related financial risks

CHINA'S banking watchdog has ordered strict control of financial risks related to real estate as bank loans to the sector surged. Regulations over property loans must be rigorously implemented, an...

Are the BRICS cracking?

Fifteen years after Goldman Sachs economist Jim O’Neill coined the concept in 2001, BRICS, as the first important non-Western global initiative of the post-cold war world, has become not just...

New energy vehicle output, sales gear down in China

CHINA saw a drastic slowdown in new energy vehicle output and sales in September after authorities cracked down on subsidy scams, the latest industry data showed. A total of 43,000 new energy vehi...

Donald Trump claims 'the world hates Barack Obama' so countries are turning against the US

'You saw what happened with the Philippines after years and years and years; they're now looking to Russia and China,' says Mr Trump

Cleaner, but not leaner: China steel mills defy capacity cutbacks

SHANGHAI/SINGAPORE (Reuters) - Chinese steel mills are becoming cleaner every month as Beijing pushes to curb its smoke-stack industries. But they're not getting any leaner.


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