Liu Yang News
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Women hold up half the sky, as Mao Zedong once declared. Decades later, they don’t hold up much of anything in the halls of Chinese power.
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China sent its first female astronaut into space as the Shenzhou-9 spacecraft lifted off from Jiuquan in the northwestern Gansu province.
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China’s leadership change “removes the biggest overhang” for the nation’s equities as the new government is determined to carry out reforms, according to Victoria Mio, portfolio manager at Robeco Hong Kong Ltd.
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China’s stocks rose, led by energy producers and property developers, after the biggest one-day decline in four weeks dragged valuations to a near-record low.
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China picked People’s Liberation Army pilot Liu Yang as its first female astronaut, tapping a woman hailed as a hero for performing an emergency landing after her plane struck a flock of birds.
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On the edge of Tiananmen Square, just across the street from Mao Zedong ’s tomb, He Yingying munches on a piece of chicken and gazes at the benign-looking figure beaming down at her.
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Developing-nation stocks rose, sending the benchmark index to a one-week high, after China reported higher-than-estimated retail sales and the European Central bank increased its economic growth forecast.
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Hong Kong stocks rose, lifting the benchmark index to its third straight weekly gain, after China reported higher-than-estimated loan growth, and the European Central Bank raised its economic growth forecast.
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Hong Kong stocks gained for a second day as oil-related shares climbed after China raised gasoline and diesel prices. Cheung Kong (Holdings) Ltd. rose on a potential spinoff of a real-estate-investment trust.
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Agricultural Bank of China Ltd. is a “must buy” for investors as it is a proxy for the development of the nation’s rural areas, Atlantis Investment Management Ltd.’s Liu Yang said in a Bloomberg Television interview.
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