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UPDATE 1- China Caixin factory, service PMIs suggest economic slowdown worsening

SHANGHAI, Sept 1- Activity in China's vast factory sector shrank at its fastest pace in almost 6-1/ 2 years in August, a private survey showed on Tuesday, increasing investor fears that the world's second-largest economy may be lurching toward a hard landing. Even more worrying, China's services sector, which had been one of the few bright spots in the sputtering...
Source: Reuters | By: Sue-Lin Wong
Champagne in one hand, a selfie in the other

Diner en Blanc draws thousands of guests to a pop up picnic where they bring all of their own items, but perhaps most importantly, their phone.
Source: CNBC.com | By: Uptin Saiidi
WRAPUP 2-China stocks plummet again as Beijing sits on sidelines

*Japan Finance Minister Aso says China equity bubble bursting. SHANGHAI, Aug 25- Chinese stocks tumbled again on Tuesday, despite a rebound in markets elsewhere in Asia, as investors despaired at the lack of policy action from Beijing in response to recent data suggesting the downturn in the world's second-largest economy is deepening. China, one of the main...
Source: Reuters | By: Samuel Shen and Nathaniel Taplin
GLOBAL MARKETS-Stocks, dollar rebound but China smashed again

LONDON, Aug 25- Volatile global markets got some respite from the latest blood-letting on Tuesday as bargain hunters nudged up Asian and European stocks, though China, at the centre of the rout, was smashed again. China's main equity markets had seen another huge 8 percent drop overnight and Japan's Nikkei had slumped 4 percent, but the rest of Asia had been calmer...
Source: Reuters | By: Marc Jones
China stocks slump again in absence of govt support; Hong Kong rebounds

*Shanghai index a touch above 3,000 support level. *Margin lending in Shanghai falls for 5th day in a row. SHANGHAI, Aug 25- China stocks slumped about 4 percent on Tuesday, touching eight-month lows, as investors dumped shares after a grim "Black Monday" that battered global markets but failed to prompt fresh rescue measures from Beijing.
Source: Reuters
GLOBAL MARKETS-Asian shares bounce off 3-year lows while China's suffering goes on

*MSCI's broadest index rebounds after biggest loss in 4 years. The MSCI's broadest index of Asia-Pacific shares outside Japan jumped 1.7 percent after an initial dip to three-year lows while Japan's Nikkei index also erased most of its early losses after an intial drop of 4.3 percent. Even the shares that had little business ties with China were sold, "said...
Source: Reuters | By: Hideyuki Sano
China stocks plunge to 8-month lows before paring losses

SHANGHAI, Aug 25- China's major stock indexes slumped more than 6 percent to 8- month lows in early trade on Tuesday before paring losses, after a catastrophic Monday that destabilised financial markets around the world. In Hong Kong, the Hang Seng index in Hong Kong reversed early losses and was trading up 1.5 percent. Calling it a market disaster is not an...
Source: Reuters
China chemical safety problems highlighted before Tianjin blasts

*Experts says China has regulations, not always enforced. HONG KONG/ SHANGHAI, Aug 21- Several warnings preceded the deadly blasts at the Chinese port of Tianjin, including a state-backed research paper highlighting the risk of "grave accidents and casualties" in the chemicals sector and an explosion in another city blamed on lax safety controls.
Source: Reuters | By: Clare Baldwin, Brenda Goh and Sue-Lin Wong
More cheese, please! Exporters toast China's taste for pizza and cakes

BEIJING/ WELLINGTON, Aug 21- At the upmarket Black Swan bakery in Beijing, where well-heeled customers browse rooms of glass cases displaying elaborate layered western-style cakes, Jin Yuchen is buying a birthday cake for his mother. The Black Swan bakery imports cream cheese and other dairy products from New Zealand's Fonterra, the world's largest dairy...
Source: Reuters | By: Meng Meng and Naomi Tajitsu
GLOBAL MARKETS-Asia shares shaken as China stocks extend plunge

*Shanghai shares plunge, rekindling worries on China growth. TOKYO, Aug 19- Asian shares retreated to two-year lows on Wednesday after Chinese stocks extended their plunge, continuing to stoke fears about the stability of China's economy. China's securities regulator said late last week that the market had normalized and the government would allow market...
Source: Reuters | By: Hideyuki Sano and Shinichi Saoshiro