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China slowdown spreading, HSBC services PMI shows

China's services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers' index showed on Monday, the latest data portraying an economy slowing quickly and in need of policy support.

 

China bans TV drama advertising

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China orders a ban on advertisements during TV dramas as part of its reform of cultural activities - something stations say will hit revenue hard.

 

China Overtakes U.S. in Smartphone Shipments, Says Research Firm

China has passed the U.S. in the third quarter to become the world's largest smartphone market by shipments, but may find it tough to hold the position in the next two quarters, according to a research firm. China's smartphone shipments reached 23.9 million units by the end of the third quarter, according to Strategy Analytics. This put the country just ahead of the U.S. where 23.3 million smartphones were shipped in the quarter.

 

China November factory activity slumps to 32-month low

Chinese factories battled with their weakest activity in 32 months in November, a preliminary purchasing managers' survey showed, reviving worries that China may be skidding toward an economic hard landing and compounding global recession fears.

 

Car Makers Expect More Competition in China

Car companies say a sales slowdown in China will likely make competition there more cutthroat as more makers pile into the top auto marketplace.

 

China rebuffs US, Asia pressure in sea dispute

Chinese Premier Wen Jiabao chastised President Barack Obama for raising the issue during an Asia-Pacific leaders summit, hours after Obama told Wen the United States wants the sea lanes kept open and peaceful, capping two weeks of Sino-U.S. tensions.

 

Asian stocks slump as Spain borrowing costs spike

Asian stocks slumped Friday after a spike in Spanish government borrowing costs added to the uncertainty over Europe's debt crisis and investors braced themselves for China.

 

Beijing is wary of Obama's assertive China policy

Beijing is wary of Obama's assertive China policy

Beijing's public response to President Barack Obama's more muscular China policy has been muted, but behind the scenes the U.S. president's moves to contest rising Chinese power.

 

Obama touts cooperation with Asia, calls out China

President Obama ended the APEC summit by stressing job creation -- calling the Pacific region vital to economic growth, even as he needled China to do more.

 

Ai Weiwei fans raise funds to pay his massive tax bill

Ai Weiwei fans raise funds to pay his massive tax bill

In a strong affront to the Chinese government’s attempt to censor artists and internet users, fans of the artist Ai Weiwei have raised more than $830,000 in three days through social media to help the artist fight a $2.4 million tax bill from the state.

 

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