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Authorities have warned that the crater of Anak Krakatau, or child of Krakatau, remains fragile, raising fears of another collapse and tsunami, and have urged residents to stay away from the coast.

BEIJING - China National Petroleum Corporation (CNPC), the country's largest oil and gas producer and supplier, reported strong output and sales in January.

BEIJING - Beijing started a landmark reform drive Saturday that will separate drug sales from medical treatment at public hospitals, lower medical expenses and improve services for patients.

Authorities will give support to mainstream media institutions in developing their websites and new media. It will step up efforts to guide and standardize investment in the Internet cultural sector with both state and private funds.

Aurora priced its initial public offering (IPO) of 9,060,000 American Depositary Shares (ADSs) at .50 per ADS for a total offering size of million, assuming the underwriters do not exercise their option to purchase additional ADSs. Three ADSs represent two Class A common shares.