The benchmark Shanghai Composite Index was up 0.12 percent, or 3.68 points, to close at 3,056.81 points. Turnover shrank to 103.5 billion yuan (US$15.2 billion) from 108.7 billion yuan on Tuesday. Losers outnumbered gainers 435 to 426, and 31 shares remained unchanged.

Speaking at the second round of the China-US Strategic and Economic Dialogue, Wang said China was pleased to hear about American initiatives to ease restrictions on these exports.

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The freighter sank at around 3:50pm, according to the Coast Guard, the freighter is designed to carry only about 10 people. ANGRY politicians attacked the Indian government yesterday for allowing two Italian marines accused of killing a pair of Indian fishermen last year to leave the country.

BRAD Pitt is set to become the first male face of Chanel No.5, a role previously filled by such fellow Hollywood luminaries as Marilyn Monroe and Nicole Kidman.