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China is making another move against the dollar
Beijing will push for the yuan to be included in a basket of currencies used to denominate and settle loans from the Chinese-led Asian Infrastructure Investment Bank (AIIB), according to think tank...
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People don't believe China's growth figures, and the truth about the economy...
China's latest growth figures are out, and they're not good — growth of 7% from this time last year is the slowest in six years.Industrial production, retail sales, and investment all missed their...
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China's ex-security tsar is being detained by the army after tipping off a...
China has charged former domestic security chief Zhou Yongkang with leaking state secrets because he warned political ally Bo Xilai in 2012 that Bo was about to be ousted, a crime that can be...
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Coast Guard commandant: The US has fallen far behind Russia in the Arctic
China is conducting Arctic research in an area considered the extended undersea shelf of the United States, while Russia is able to move across the frozen regions in 27 icebreakers.Meanwhile, Adm. Paul...
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5 unanswered questions about China's new infrastructure bank
The Obama Administration is taking heat for its refusal to join China’s proposed Asian Infrastructure Investment Bank (AIIB) and has now taken the limited step of suggesting that the World Bank work in...
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HARD LANDING? All of the charts scream 2009 for China all over again
The year 2009 was dark for the global economy. The world was spiraling deep into financial crisis, policymakers were scrambling to find solutions, and activity in China — the world's most important...
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Chinese stocks may be in a sweet spot
China will release its first quarter 2015 gross domestic product (GDP) report this week on April 14, 2015, with the market expecting a 7% year-over-year increase.Regardless of whether China hits that...
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Chinese drone maker DJI is in talks to raise funding at a $10 billion valuation
DJI, the world's largest drone maker, is seeking to raise hundreds of millions of dollars in a funding round that would take the value of the Shenzhen-based company to some US$10 billion.According to...
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Foreign direct investment in China climbs in March
SHANGHAI (Reuters) - Foreign direct investment (FDI) in China rose 2.2 percent on the year in March, while outbound flows posted a milder rise, as foreign corporate investors remain undeterred by...
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Japan just passed China as the biggest US creditor for the first time since 2008
WASHINGTON (AP) — Japan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Japan last held in August 2008.In its monthly report on bond holdings, the Treasury...
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The China-Pakistan relationship is about to get $46 billion stronger
Chinese President Xi Jinping will launch energy and infrastructure projects worth $46 billion on a visit to Pakistan next week as China cements links with its old ally and generates opportunities for...
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The smart money is now *following* the dumb money into Chinese stocks
One of the major concerns surrounding the breakneck rally in Chinese stocks over the past year was the level of sophistication of new investors.Remember this chart?The full story on who's driving...
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China is cementing a $46 billion friendship with Pakistan
ISLAMABAD (Reuters) - Chinese President Xi Jinping will launch energy and infrastructure projects worth $46 billion on a visit to Pakistan next week as China cements links with its old ally and...
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China's economy is worse than Beijing admits and demand is plunging for the...
China's economy is not looking too healthy right now. But it's probably even worse than it looks.Yesterday Daiwa Capital Markets released their own sceptical take on China's official figures. Though...
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15 surreal pictures of Chinese 'nail houses' whose owners refused to cave to...
Some homes are built out of spite. Others are left standing as a form of protest.In China, "nail houses"— homes that remain standing despite pressure from real estate developers to sell — have become...
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The Chinese government is fueling a bubble in stocks
Over the past couple of decades, China’s growth was supercharged by lots of debt that was used to expand industrial capacity to employ the huge influx of new workers into the labor market resulting...
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China is building its first runway on a disputed island chain in the South...
China has begun construction of a military-length runway on an artificial island in the disputed South China Sea, according to an analysis by IHS Jane's based on satellite imagery from Airbus Defense...
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Why Mark Zuckerberg is reading Hank Paulson's new book about China
Facebook CEO Mark Zuckerberg's 2015 New Year's resolution was to read an important book every two weeks and discuss it with the Facebook community as they read.Zuckerberg's book club, A Year of Books,...
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China's 'internet hostesses' make up to $160,000 a year by flirting in online...
In China's online hostessing world, men find virtual company and the women can find riches.Student Xiao Yue, 21, spends four hours most days chatting online with fans who shower her with virtual roses...
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The strongest BRIC is starting to crumble
Up until now, India was the bright spot in a relatively dismal 2015 BRIC story, but it looks like things are starting to turn down for the nation of 1.3 billion.Weak domestic and external demand,...
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