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Bloomberg: China Coal Giant Said to Be Allowed Higher Output to Curb Prices. China’s biggest coal producer will raise output this month amid a government-led attempt to coordinate production after a sharp increase in prices this year drew concern from consumers. Fourteen coal mines owned by Shenhua Group may raise coal output by as much as 2.79 million metric tons this month, according to people with direct knowledge of the matter, who asked not to be identified because the information is private.
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Business & Finance / Investing : Between the Hedges

Bloomberg: China Policy Bank Cuts Bond Sale Goal by 31% Amid Crunch. Agricultural Development Bank of China Co. scaled back the size of two bond offerings tomorrow by 31 percent as the worst cash crunch in at least seven years curbs...

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Business & Finance / Investing : Between the Hedges

Bloomberg: China Pledges to Tackle Local Government Debt Amid Reform. China’s leaders pledged to tackle local government debt next year while creating a stable economic and social environment to promote reforms. The government will ...

KFC Increases Prices In China Amid Rising Costs In The Country

Business & Finance : China Wealth

KFC, which operates 3,200 restaurants in China, on Saturday raised prices for chicken-oriented side dishes and drinks by an average of 0.5 to 1.0 yuan (eight to 16 U.S. cents), the state-run Shanghai Daily reported today.   KFC, who...

Today's Headlines

Business & Finance / Investing : Between the Hedges

Bloomberg: China's Stocks Cap Biggest Selloff Since 2008 on Rescue Doubts. China’s stocks fell, capping the benchmark index’s biggest two-month tumble since 2008, amid concern that government intervention to prop up the market will ...

Today's Headlines

Business & Finance / Investing : Between the Hedges

Bloomberg: China PBOC Chief Cites Credit Risk While Reassuring on Growth. People’s Bank of China Governor Zhou Xiaochuan warned banks about increased credit risk amid rising real estate prices in the biggest cities, while adding the...

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