Fire in Asia's largest papermaking firm in China

The fire at the factory has been brought under control with no casualties reported.

A fire broke out in Asia's largest papermaking factory, located in east China's Zhejiang province early on Tuesday, the state media reported.

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The fire at the factory, located at the economic and technological development zone in Ningbo City, has been brought under control, with no casualties reported, local fire fighters said.

The paper factory is a wholly-owned subsidiary of Indonesia-based APP, one of the world's top 10 papermakers.

No estimation on losses is available, Xinhua news agency reported.