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Ford to shift midsize sedan production out of Mexico: sources

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Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.

South Korean firms flock to Beijing hoping summit will hasten thaw with China

SEOUL Hoping a thaw in relations with China will reopen opportunities after a diplomatic spat earlier this year cost many of them business, some 300 South Korean executives joined President Moon Jae-in for the start of his four-day trip to China on Wednesday.

World, South Korea 5:16am EST

China marks Nanjing Massacre anniversary but Xi low key

BEIJING China marked the 80th anniversary of the Nanjing Massacre on Wednesday with a call to work with Japan for peace, but President Xi Jinping kept a low profile and left the main public remarks to another senior official.

World, Japan 4:23am EST

Google launching artificial intelligence research center in China

BEIJING Alphabet Inc's Google said on Wednesday it is opening an artificial intelligence (AI) research center in China to target the country's local talent, even as the U.S. search firm's products remain blocked in the country.

Tech, 3:26am EST

Tuesday Morning Briefing

An investigation is launched into a bomber who targeted a New York City bus station, voters in Alabama head to the polls in a tight U.S Senate race and Comcast drops its bid for most of Twenty-First Century Fox’s assets.

Russia, Syria Dec 12 2017

China-backed buyer aims to fund $5.2 billion HK skyscraper deal mostly via debt-sources

HONG KONG The China-backed buyer of a Hong Kong skyscraper from billionaire Li Ka-shing for a record $5.2 billion is seeking to borrow as much as 90 percent to fund the deal, according to a term sheet seen by Reuters and people with knowledge of the matter.

Dec 12 2017

South China chemical producer halts ammonia output as gas crisis deepens

BEIJING A major Chinese chemical producer based in the southern province of Yunnan said it has halted production of synthetic ammonia and urea due to natural gas shortages as China's winter heating crisis deepens.

China conducts 'island encirclement' patrols near Taiwan

BEIJING China's air force has conducted more "island encirclement patrols" near Taiwan, its military said on Tuesday, after a senior Chinese diplomat threatened that China would invade the self-ruled island if any U.S. warships made port visits there.

World, Dec 11 2017

U.S., EU, Japan to join forces on Chinese excess capacity: source

BUENOS AIRES/WASHINGTON The United States, European Union and Japan are expected to announce a joint effort on Tuesday aimed at confronting China over its excess industrial capacity and other trade practices, a source close to the discussions said.

Japan Dec 11 2017

Trump wants to send U.S. astronauts back to moon, someday Mars

WASHINGTON At a time when China is working on an ambitious lunar program, President Donald Trump vowed on Monday that the United States will remain the leader in space exploration as he began a process to return Americans to the moon. | Video

Science, U.S., Dec 11 2017