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Trading in China suspended after shares plunge 7%

Trading in China's leading share index has been suspended early after a dramatic 7% fall on the first trading day of 2016.

An investor in Beijing takes a nap in front of an electronic board showing stock information on the day the markets were shut early. Credit: Reuters

An initial 5% fall on the Shanghai Composite Index - the benchmark for Chinese markets - led to a 15-minute break in trading but the resumption saw a further slump.

The day's trading was ended 90 minutes early after the stock market fell 7%, triggering a new "circuit breaker" suspension mechanism, which was introduced to ward against volatility in the market.

Embassy warns of 'possible threats' to tourists in China

The British embassy in China has urged "heightened vigilance" after receiving information of "possible threats" against Westerners in a popular shopping area of Beijing.

British embassy urges 'heightened vigilance' in Sanlitun shopping district of Beijing. Credit: Reuters

The British Embassy Beijing has received information of possible threats against Westerners in the Sanlitun area of Beijing, on or around Christmas Day. British citizens are urged to exercise heightened vigilance.

– Foreign and Commonwealth Office

Armed police are patrolling Sanlitun, an area popular with tourists with many big-name brands, restaurants and embassies in the vicinity, according to reports from Associated Press.

The American and French embassies have echoed the warnings.


Number of China landslide missing raised to 91

Drone footage shows the devastation caused after a landslide in southern China where 91 people are reported missing.

The number is a sharp increase from earlier reports of the disaster, which saw a a huge mound of construction waste collapse and bury 33 buildings in Shenzhen in China's Guangdong province.

Buildings destroyed include 14 factories, two offices and three dormitories.

Premier Li Keqiang ordered an official investigation into the disaster at the Hengtaiyu industrial park.

The landslide was caused by the build-up of waste construction mud in the vicinity, the Ministry of Land and Resources said in a post on its official Weibo account.

Search for 'at least 27 missing' after China landslide

At least 27 people are missing after a landslide hit the southern Chinese city of Shenzhen in Guangdong province, burying 22 buildings.

Rescuers search for survivors after the landslide felled multiple buildings. Credit: Reuters

Hundreds of rescuers workers have been searching for survivors among the debris.

Four people have been rescued with three sustaining minor injuries, Xinhua news agency reported.

A firefighter uses a flashlight to search for survivors among the debris Credit: Reuters
Firefighters look on as smoke rises in front of a damaged building at the site of a landslid Credit: Reuters

A nearby section of China's major West-East natural gas pipeline also exploded, the official China Central Television (CCTV) broadcaster said.

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