China Mengniu Dairy Co., the country’s largest dairy producer, posted profit that beat analyst estimates last year as Chinese demand rose for liquid milk and milk beverages. The stock surged the most in 10 months.
Bloomberg BNA — China hopes to deal a “heavy blow” to businesses that illegally discharge wastewater, Premier Li Keqiang said in a special State Council meeting on energy savings and emissions reduction, in remarks posted on the body's website March 24.
China’s CSI 300 Index rebounded from the lowest level in five years as the yuan halted a two-day slide and money-market rates declined. Consumer-staple producers and property developers led the advance.
China’s leaders want to lift the gray blanket of deadly smog that often chokes Beijing’s residents by shifting power plants to the less populated western part of the country inhabited by minorities. That’s turning into a nightmare for Ani Yetahon who lives in Oriliq, a village about 1,800 miles from the capital where some residents still walk to the well for their water.