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May, 3, 2016

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Business > Asia > China
Trading in yuan-denominated securities got underway on the Frankfurt stock exchange Wednesday, hailed as the first such market outside China.
 
Chinese investment in Africa fell by more than 40 percent year-on-year in the first half of 2015, officials said Tuesday, as the Asian giant's slowing growth dents its commodity demand.
 
Business leaders in the Asia-Pacific are losing confidence in their revenue prospects because of China's cooling economy and perceived higher risks in emerging markets, a survey released Monday showed.
 
Mainland China's slowing economy causes pain
Mainland China's economic troubles have dropped on the doorstep of a sun-weathered house at 18 Edgar St. in Port Hedland on Australia's northwest coast.
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The International Monetary Fund's (IMF) consideration of mainland China's yuan for inclusion in its special drawing right (SDR) basket of elite currencies is on track with a decision possibly this month, Fund spokesman Gerry Rice said Thursday.
 
China splurges on world's biggest online shopping spree
BEIJING - Shoppers spent around $9 billion in the first 12 hours of China's "Singles Day" sale on Wednesday, e-commerce giant Alibaba said, in the world's biggest online shopping day.
 
Ningbo sets sights on attracting overseas tech talent
The mainland Chinese port city of Ningbo has its sights set on attracting overseas talent after hosting the Ningbo Week of Talents, Science and Technology this October.
 
Mainland China has set a deadline of this year to link trading between the Shenzhen stock exchange and the Hong Kong market, the central bank chief said, following a similar connection with the Shanghai bourse.
 
Mainland China is considering relaxing limits to allow individuals to invest overseas in stocks and property, the central bank said, which would potentially unleash a flood of money if the government loosens strict capital controls.
 
Mainland China is preparing to allow its multi-billion-U.S.-dollar pension fund to invest in the stock market next year, an official said Tuesday, in a move to boost share prices after a more than 30 percent plunge since June.
 
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