CHINA

China urges other nations to accept rare earths position

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Countries that have come to depend on China for large amounts of rare earths metals should understand that Beijing has environmental concerns for curtailing exports, the Chinese Commerce Minister Chen Deming said on Monday.
10. Naoto Kan, Prime Minister of Japan

Japan's PM hangs on but outlook grim

Japan's unpopular Prime Minister Naoto Kan on Monday refused to step down after the resignation of his foreign minister over a political funding scandal that has added to pressure on him to quit or call a snap election.
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Food may eclipse oil as spending threat

Food, not oil, may prove to be the bigger threat to global growth, with the pain falling disproportionately upon the developing economies that powered the latest economic recovery.
China Overseas Land says to focus on major cities

China Overseas Land says to focus on major cities

China Overseas Land and Investment Ltd (0688.HK), one of the country's biggest developers, will focus on business in affluent first- and second-tier cities in the future, Chairman Kong Qingping said over the weekend.
State parent says supports div cuts by Chinese banks

State parent says supports div cuts by Chinese banks

Central Huijin Investment Co, the domestic arm of China's $300 billion sovereign fund, will give its full backing to its banking units if they need to cut dividends or raise money to meet tougher capital rules, a senior Central Huijin executive said on Sunday.
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Gold and iron expected to rise, copper steady

Gold should push higher from its near-record levels due to its appeal as a safe haven, while iron ore should regain its upward momentum on the back of red-hot industrial demand from Asia, forecasters told the world's larger mining conference on Sunday.
China's population grows older and more urban

Beijing says jasmine protest calls doomed to fail

Calls for Jasmine Revolution protests in Beijing are doomed to fail as people want peace and stability and government policies are popular, a spokeswoman for the city's government said on Sunday.
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China should consolidate rare earths: Minmetals

The head of China Minmetals Corp, the country's biggest metals trading firm, called on Saturday for the government to consolidate the rare earths industry to foster competitive domestic firms, state media said.

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