CHINA

The China government may slash export quotas of rare earth mineral by half in 2011, according to China Securities Journal, after Beijing raised international concern by cutting exports of the minerals next year.

China may not announce a second rare earths export quota in 2011, the official China Securities Journal said on Friday, after Beijing raised international concern by cutting exports of the minerals next year.

More than one in five TVs shipped this year were in some way connected.

At present respective growth rates, the average Chinese person will be wealthier than the average American in 27 years, according to Ed Lazear, a Stanford University economics professor.

A powerful virus targeting smart phones in China running Google Inc's Android operating system may represent the most sophisticated bug to target mobile devices to date, security researchers said on Thursday.

China's recently launched anti-dumping investigation into U.S. distillers' dried grains exports could be disruptive to trade, a U.S. industry trade group said on Thursday.

Studying the structure of open interest in US Comex Gold Futures and options, it points to more volatility and the risk...is very much to the upside, says O'Connell, concluding that professional traders are looking for a Gold Price of $1500 or even $1600 by the start of April.

China defended its export controls on rare earth minerals on Thursday, saying that they were in line with World Trade Organization rules, after a government move to slash export quotas on rare earths sparked trade concerns.

California-based start up Lookout Mobile Security said a new Trojan - dubbed Geinimi' - affecting Android devices has recently emerged in China and displayed botnet-like capabilities.

The year 2010 has seen the emergence and growth of one of the strongest markets for luxury industry in the world - China.

The top after-market NASDAQ stock market losers are: Array BioPharma, Hauppauge Digital, China Wind Systems, Broadwind Energy, Popular, Maxygen, Santarus, BSD Medical, Flamel Technologies, and Banner.

Carlyle Group has sold a 2.5 percent stake worth around $860 million in China Pacific Insurance Co Ltd <2601.HK>, sources said, helping the buyout fund recoup its investment in what could be one of its best Asian deals to date.

In a 'reciprocal' act to Hugo Chavez's rejection of President Barack Obama's choice of ambassador to Caracas, US revoked the visa for Venezuela's ambassador in Washington.

China's Ministry of Finance said Tuesday the country's purchase tax for passenger cars with engines of 1.6 liters or less will be set at 10 percent from Jan. 1, ending an incentive policy under which the level was 7.5%.

China will actively promote auto imports over the next five years to help the country restructure and upgrade its auto industry, the Ministry of Commerce (MoC) said.

German luxury car maker Audi is investing €11.6 billion ($15.3 billion U.S. at the current exchange rate) between 2011 and 2015 to focus on future technologies.

With as many as 2.85 billion journeys expected in 40 days, China is gearing up to tackle the travel needs of the soon approaching Lunar New Year, a acid test to the country's transportation system.

U.S. private equity fund Carlyle Group has sold about $860 million worth of shares in China Pacific Insurance Co Ltd <2601.HK>, a source with direct with knowledge of the matter told Reuters on Thursday.

(Corrects paragraph 3 to show the 57 percent stake is for Hong Kong traded H-shares and does not take into account outstanding Shanghai shares <601601.SS>)

Chinese inflation showed signs of cresting in a manufacturing survey on Thursday, an early indication that the government will be able to stick to its course of gradual rather than aggressive monetary tightening.

China will continue to export rare earth minerals and said its export controls were for environmental protection reasons, the Chinese Foreign Ministry said on Thursday, after a government move to cut rare earth export quotas raised fresh international trade concerns.