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China’s Hanlong Group to take control of African iron mine

China’s Hanlong Group to take control of African iron mine

Hanlong Group is aiming at gaining control over Australian mining company Sundance enabling it to takeover a key iron mine in Africa.

Brazil welcomes world’s largest lender

Brazil welcomes world’s largest lender

Brazilian regulators gave approval to the Industrial and Commercial Bank of China Ltd to operate a subsidiary in Latin America’s largest economy.

Sberbank buys Yandex Money for $60 million

Sberbank buys Yandex Money for $60 million

Sberbank buys a 75 per cent minus one share stake in Yandex Money for $60 million dollars.

China becomes world’s largest market for Android phones

China becomes world’s largest market for Android phones

A research report by a UK market analyst says China is now the world’s biggest market for Android powered phones.

China to produce 3.7 billion tonnes of coal in 2012

China to produce 3.7 billion tonnes of coal in 2012

Wang Xianzheng, chairman of the China Coal Industry Association says China will produce 3.7 billion tonnes of coal this year.

BP selling China oil field stakes

BP selling China oil field stakes

BP to sell stake in a South China Sea gas field to Kuwait Foreign Petroleum Exploration Company for $308 million.

China opposes US ‘protectionism’

China opposes US ‘protectionism’

China opposes protectionist measures of the United States at JCCT on Tuesday.

Australia says China economic miracle is not over

Australia says China economic miracle is not over

A report from the Australian Federal Treasury says China's economy will continue to grow

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