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February, 22, 2017

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Business > Asia > China
Some factories violated anti-smog laws: Beijing
China's environmental ministry said Tuesday that an unspecified number of companies had violated measures meant to reduce smog during a period of particularly noxious pollution in the country.
 
China's once searing box-office growth crashed in 2016, official data showed, as a weak crop of films and a cutback in subsidies caused a drastic slowdown in the world's second-largest film market.
 
Attention, shoppers
A musician entertains shoppers as a Chinese model wearing NE TIGER creations poses on stage set behind the fashion boutique window panel decorated with Rooster stickers for the upcoming Chinese Lunar New Year at an upscale shopping mall in Beijing, Monday, Jan. 2.
 
Disney has won a copyright dispute over a Chinese knockoff of its animated movie Cars, a China court said Friday, a rare victory for a foreign firm in a country famous for counterfeits.
 
Chinese leaders pledge stable currency
China's leaders pledged Friday to keep its currency stable and trim bloated heavy industry as they wrapped up an annual planning meeting amid pressure from U.S. President-elect Donald Trump and European leaders over trade.
 
China auto sales rise 17.2 percent in Nov.
China's explosive demand for SUVs helped boost auto sales 17.2 percent in November over a year ago, an industry group said Monday, as automakers prepared for the end of a key tax break and a potential slump in demand.
 
China's battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted, as a key clause in Beijing's deal to join the WTO expires Sunday.
 
Mainland China to halve cash withdrawals in Macau: report
China is to halve the cash machine limit for certain cardholders visiting the gambling enclave of Macau, in its latest effort to curb massive capital outflows caused by the falling yuan, Hong Kong media reported Friday.
 
Chinese producer prices rose at their fastest pace for five years in November, Beijing said Friday, fueling hopes that the world's factory can export inflation into a lackluster global economy.
 
China has indicated it may relax restrictions on foreign investment in some sectors as it struggles to balance an overseas exodus of capital and faces accusations of protectionism from U.S. President-elect Donald Trump.
 
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