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No relief for Hong Kong tycoons riled by high China land bids

  Bloomberg Shum Chiu Hung, chairman of Chinese developer Times Property Holdings Ltd., has advice for those dismayed at record land bids in Hong Kong by mainland firms: “Get used to it.” Chinese developers have dominated Hong Kong’s land sales this year, splurging more than $2.9 billion to win all three residential plots tendered, including a record sum for a ...

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Copper set to drop as China’s Jiangxi looks to boost output

  Bloomberg Copper is poised to drop this year as higher US interest rates and elections in Europe curb demand, according to the chairman of China’s second-largest refiner of the metal. Prices will end the year lower than where they started, Jiangxi Copper Co. Chairman Li Baomin said in an interview in Beijing as the government announced growth plans for ...

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Why Eastern Europeans want more sugar in their Sprite!

  The new push for a “multi-speed Europe,” in which only those countries that want a closer union pursue it, will almost inevitably fuel resentment in Eastern Europe, where politicians are already up in arms about being treated as second-class Europeans. A battle over food quality has become a major proxy for that resentment. The Visegrad Four — Poland, the ...

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