CHINA

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Mengniu H1 net profit up 28 pct, quality in focus

China Mengniu Dairy Co Ltd , the country's top dairy product maker in which China private equity firm Hopu Investment Management owns a stake, on Tuesday posted a 27.6 percent rise in first-half net profit on solid sales growth, pledging to ensure product quality after a series of scandals tainted the industry's reputation.
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Heinz says Brazil, China deals exceed expectations

H J Heinz Co's recent acquisitions in Brazil and China are doing better than expected as the food maker works on boosting its business around the globe, Chairman and Chief Executive William Johnson said on Tuesday.
Gold and silver bars are pictured at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna August 26, 2011.

Asian Trading Lifts Gold As Bargain Hunters Go Shopping

Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains.
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China state media urge crackdown on microblog rumors

China's state-run news agency demanded on Tuesday that Internet companies, regulators and police do more to cleanse websites of toxic rumors, adding to signs that the ruling Communist Party wants to tame the explosion of freewheeling microblogs.
China

China State Media Urge Crackdown on Microblog 'Rumors'

China's state-run news agency demanded on Tuesday that Internet companies, regulators and police do more to cleanse websites of toxic rumors, adding to signs that the ruling Communist Party wants to tame the explosion of freewheeling microblogs.
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Asian stocks rise on U.S. data

Asian stocks rose on Tuesday and European shares looked set to extend gains as strong U.S. consumer spending data soothed some fears that the economy was slipping back into a recession.
Gold and silver bars are pictured at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna August 26, 2011.

Gold Rebounds from Previous Day's Drop

Gold regained strength Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing U.S. recession fears could limit gains.
Solar panels are seen in the parking lot of 1929 building Walter J Towers, near downtown Los Angeles, California

U.S. solar industry was net exporter in 2010

The United States was a net exporter of solar energy products last year, thanks to strong demand from China, Germany and Japan for U.S.-made polysilicon and capital equipment used to make solar panels.
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China caps quasi-municipal bonds, risk controllable

China will steadily increase the issuance of urban construction investment bonds but will limit total local government debts at 100 percent of their revenues, the National Development and Reform Commission said on Monday.

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