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China's checkbook diplomacy is coming of age
BRUSSELS/LONDON (Reuters) - Sometime geopolitical shifts happen by accident rather than design.Historians may record March 2015 as the moment when China's chequebook diplomacy came of age, giving the...
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Why America is wrong to obstruct China's new international bank
America says it welcomes China's ascent to great-power status, so long as the Chinese respect international norms and play a proper part in the multilateral system.China suspects that, in practice,...
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China's 'queen of poker' tells us what its like to play professionally in Macau
Macau's casinos may be down on their luck, but at least one part of the gambling industry is thriving.According to "China's Queen of Poker," Celina Lin, poker tournaments have continued to attract...
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ChemChina is close to finalizing a deal to buy the Pirelli tire company
MILAN (Reuters) - China National Chemical Corp (ChemChina) and the shareholders of Pirelli were putting the final touches on a deal that will trigger a 7 billion euro ($7.5 billion) buyout of the...
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China is gearing up for 'further engagement with the world'
BEIJING (AP) — International Monetary Fund chief Christine Lagarde said Sunday that China's economic slowdown is legitimate and that Beijing can contribute to global prosperity.Speaking at the opening...
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China’s government seems to have a clear long-term vision
Chinese Prime Minister Li Keqiang’s work plan for 2015, revealed at this month’s National People’s Congress, highlighted the country’s shift to a “new normal” of 7% economic growth.The shift to slower...
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Wall Street rushes to bring down 2015 Macau estimates after a speech from the...
If casino raids and falling revenue weren't enough to convince you that the Chinese government is purposely killing Macau's gambling business, officials laid it all out on Monday.In his annual policy...
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UH-OH: The flash PMI reading for Chinese manufacturing just went negative
China’s flash manufacturing PMI has hit an 11-month low, dipping to 49.2.A reading below 50 signifies the sector is contracting rather than expanding.The market was expecting a read of 50.2, which...
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Asian stocks sag on worries the Chinese economy is losing steam
TOKYO (AP) — Asian stock markets sagged Tuesday trading as a manufacturing survey underlined that China's economic growth is losing momentum.KEEPING SCORE: China's Shanghai Composite shed 1.3 percent...
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Japan is still on the fence about joining China's new bank
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday it would be desirable if the China-backed Asian Infrastructure Investment Bank (AIIB) could work with the Asian Development Bank...
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The diamond capital of the world sent out a warning signal
Diamond giant De Beers may have recently predicted demand for the precious stones to increase this year but that hasn't prevented the latest major diamond sale in Antwerp from failing to sell all the...
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Qantas and China Eastern joint venture runs afoul of Australian consumer...
Sydney (AFP) - Australia's consumer watchdog on Tuesday said it planned to reject a proposal by airlines Qantas and China Eastern to more closely coordinate their operations, saying it will harm...
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Australia is essentially just a big China hedge fund
The Australian economy is basically the Chinese economy, and right now (and for a while going forward) that's going to be a problem.Australia's economy is driven by mining and exporting commodities,...
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SHEPHERDSON: If you want to know what's in store for US manufacturing, look...
China's manufacturing sector is in tatters.On Monday, the latest data from HSBC's flash manufacturing PMI showed that the sector slipped to an 11-month low at 49.2, missing the expectation of 50.2....
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China just gave the US a list of its most wanted 'economic fugitives' who may...
The Chinese government has provided a "priority" list to the United States of Chinese officials suspected of corruption who are believed to have fled there, a top state-run newspaper said on...
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China describes the 85% surge in stock prices as having its own...
For many years, individual investors in China were using homes as highly leveraged investments.They borrowed money to buy them and owned portfolios of them like others own portfolios of stocks.Often...
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Australia says it's ready to join China's new bank, but wants to know how...
SYDNEY (Reuters) - Australia is "well and truly" disposed to join the China-led Asian Infrastructure Investment Bank (AIIB), Prime Minister Tony Abbott said on Wednesday, but wants to know how much...
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China is slowly returning to its former glory
In recent years, China is slowly returning to its former glory as the “Middle Kingdom” as it was once was during the 6th century. Unlike the isolationist China of the past, President Xinping’s China is...
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China is developing a growing space weapons threat
China’s recent test of a missile designed to shoot down satellites in low-earth orbit highlights a growing threat of space weapons, the commander of the US Strategic Command said on Tuesday.Adm. Cecil...
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This GIF shows how China's arms exports have exploded since 2000
China's arms export trade has been booming. In the 2010-2014 time period, Beijing rose to become the world's third largest weapons exporter, according to the Stockholm International Peace Research...
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