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Ford Ford Motor Co's premium brand Lincoln may be late to China's luxury boom, but its top executives say the upscale car market still has plenty of steam left for growth to make its debut later this year worthwhile.
CITIC Pacific in $36.5b deal to buy parent China's CITIC Pacific has agreed to buy the main operating unit of its parent, State-backed CITIC Group, for $36.5 billion in a stock and cash deal aimed at diversifying its metals and mining business.
Chinese President Xi Jinping sent his "deep condolences" to victims of a ferry disaster in South Korea, saying China is ready to provide search-and-rescue assistance to Seoul.
China's economy is doing better than official data suggests, the Commerce Ministry said a day after figures showed growth at an 18-month low.
The country is or will be taking "a series" of measures to better protect the soil environment and curb pollution, vowing to "uncompromisingly wage a war against land pollution."
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