The Wall Street Journal reports: "Baby-related stocks-from maternity labs to tissue makers-are surging Friday after China's official Xinhua News Agency said that the population-control policy will come to an end. China raised the limit to two children per couple... China Child Care Corporation, whose share price and earnings have taken a dive after short-seller Glaucus Research Group launched an attack two years ago, jumped 20% Friday."
Bloomberg News reports: "The country's top 10 performers, run by Ze Quan Investment, Sunrise Investment, Zexi Investment and Yingyang Asset Management, found gains in the June-August period by heeding a famous maxim: Markets are ruled by fear and greed. 'I was scared,' said Jiao Ji, chairman of Sunrise, based in northeastern China's Jilin province, who dumped all his stock holdings in May, sat out the post-June 12 crash, and then made strategic purchases on brief upswings prompted by government intervention in July. Chasing gains at the top of the market was like 'sucking blood from the tip of the knife,' he said."
The Associated Press reports: "They've stayed apart for more than three years, divided by antagonisms dating back to before World War II. Now the leaders of Japan, South Korea and China hope to find political common ground despite those differences at their upcoming three-way summit... Washington wants Japan and South Korea, important allies in the region, to be on better terms to counter China's growing geopolitical influence. All three countries face a common concern over North Korea and its nuclear program. And the three big economies have shared interests in keeping the region on an even keel."