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U.S. targets Chinese and Russia entities over North Korea
The United States is imposing new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, U.S. officials announced on Tuesday, but stopped short of an anticipated focus on Chinese banks.
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China Unicom's $12 billion ownership-reforms plan mired in confusion
Telecoms group China Unicom's $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising details persisting.
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Alibaba beats on earnings as e-commerce remains core revenue driver
Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales.
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Exclusive: China's CEFC in early talks to buy Rosneft stake - sources
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft (ROSN.MM), three people with direct knowledge of the discussions said.
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Germany tries to defuse N.Korea tensions, praises China
Germany on Wednesday vowed to do all it could to defuse tensions between the United States and North Korea, lauding China's role in pressuring North Korean leader Kim Jong Un to delay plans to fire missiles towards the U.S. territory of Guam.
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Philippines says China agrees on no new expansion in South China Sea
China has assured the Philippines it will not occupy new features or territory in the South China Sea, under a new "status quo" brokered by Manila as both sides try to strengthen their relations, the Philippine defense minister said.
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Amid renewed North Korea tensions, China appoints new special envoy
China has appointed a new special envoy for the North Korean standoff, the foreign ministry said on Monday, a relatively low-profile diplomat now in charge of Asian affairs, amid renewed international concern over China's nuclear-armed neighbor.
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India's military steps up operational readiness on China border
India's military has increased operational readiness along the eastern Indian border with China, sources said, as neither side shows any sign of backing off from a face-off in a remote Himalayan region near their disputed frontier.
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