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China stock clues from earnings, US jobs data

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car5 February 4, 2011 (Chinavestor) With Chinese markets shut down for New Year Celebrations, China ADRs will have to find direction from earnings and U.S. jobs data. Synutra International (NASDAQ:SYUT), a Chinese baby formula maker, reported earnings after the close on Thursday.The company swung to a loss following a smear campaign that Synutra's baby formula was unsafe.

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Baidu.com Inc. (NASDAQ:BIDU) was the key company to report for the week, setting a tone for the rests of the internet sphere. But it will be the U.S. jobs report that will move the markets for Friday and next week as well. Investors want to find a confirmation that the U.S. economic recovery is on track.



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