China, the second-biggest corn user, may increase imports to a record in the marketing year starting Sept. 1 as wet weather in its northeast region cut grain quality, according to advisory service Yigu Information Consulting Ltd.
Shanghai’s over-the-counter equity market was almost deserted on a weekday morning last week. Two cleaning ladies swept the floor of a trading hall devoid of brokers or computers, while a woman at an information desk ate breakfast and talked on her mobile phone.
China, the second-biggest corn consumer, may boost imports of the grain to a record 6 million metric tons in the year beginning Oct. 1 to replenish stockpiles and as demand for feed grows, according to Yigu Information Consulting Ltd.
AMC Entertainment Inc., the second- largest U.S. cinema chain, is in talks to sell all or part of the company to Wanda Group, one of China’s biggest exhibitors, a person with knowledge of the situation said.
China’s stocks fell, with the benchmark index declining the most in two weeks, after the government quashed speculation it will abandon real-estate curbs that drove property prices lower for the first time in 16 months.