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China revises GDP calculation

China's National Bureau of Statistics (NBS) has adopted a new method of calculating GDP that it says "better reflects the contribution of innovation to economic growth."

Industry

Steel, coal SOEs to cut 15 pct capacity within five years

China's state-owned steel and coal enterprises should cut 15 percent of their capacity in the next five years, according to the state enterprise regulator.

In-depth

IPO fraud delisting shows toughening of stock market regulation

The removal of Dandong Xintai indicates that the CSRC is waging a war against any law or regulation breaches and expelling unqualified companies from the market.
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News Analysis: China Vanke takeover battle highlights market regulation defects

A prolonged tussle over control of China's largest home builder has triggered a plunge in the company's stock price and calls for better market regulation.
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Companies

IKEA to recall safety gates in China

Sweden's IKEA Group will recall from China 7,617 Patrull child safety gates with unreliable locking mechanisms.

Midea to own over 50 pct of German robotics maker Kuka

China's home appliance manufacturer Midea said Thursday that its stake in the German robotics maker Kuka would rise above 50 percent with its planned acquisition.