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General Motors Co. said talks to sell the Hummer line of sport-utility vehicles to Sichuan Tengzhong Heavy Industrial Machinery Co. remain “on track” after the companies didn’t conclude the deal in the third quarter. |
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EU Council of Ministers issued a public notice on the 6th, ruling China seamless steel pipe exports to the EU threat of injury to the industry of EU, deciding to levy from 17.7 to 39.2% of the final anti-dumping duties. The Chinese Ministry of Commerc eexpressed dissatisfaction with this decision. |
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Chinese Securities Regulatory Commission recently released data shows that the revenue of domestic listed companies in 2008 reached 1.13 trillion yuan, accounting for 37.67% of GDP of year 2008, with total profit of 1.074763 trillion yuan. |
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The Hungarian government will not grant a loan to local chemicals producers BorsodChem either via the Hungarian Development Bank (MFB) or any other state institution, the Ministry for National Development and Economy has announced on Friday. Its statement comes on several recent press reports about a possible bailout of the debt-ridden company by MFB or the state. The ministry also underlined that it does not hold a stake in BC. |
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The launch of Renminbi sovereign bonds in Hong Kong on Monday shows China's efforts to boost the international use of the yuan step by step, officials and analysts said. |
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The International Monetary Fund (IMF) projected on Thursday that China will grow by 8.5 percent this year and 9.0 percent in 2010, saying China will lead Asia out of the economic recession. |
 China contributed 19.2 percent of the world economic growth in 2007, up from 2.3 percent in 1978, a report by the National Bureau of Statistics (NBS) has said.
It said China tops the world in contribution to the global economic growth.
The report was the 18th by the NBS. It showcased the impr… |
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Finance leaders of the Group of Seven (G7) richest economies warned Saturday of disorderly movements in exchange rates and welcomed China's commitment to make the exchange rate of its currency more flexible. |
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Aberdeen Asset Management Co. has trimmed its holdings of real-estate developers as surging prices in China, Hong Kong and Macau fuel concerns the property market may be overheating. |
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China pledged to boost ties with North Korea a day after Kim Jong Il’s regime told visiting Chinese Premier Wen Jiabao of its willingness to resume nuclear disarmament talks. |
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Recently, the Chinese National Development and Reform Commission developed and published a national essential medicines in retail prices. More than one thousand kinds of drug retail price cuts down. |
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The Greek Piraeus Port Authority on Wednesday signed an agreement on transferring the operation of Piraeus container terminals to China's COSCO Pacific Ltd. |
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The Purchasing Managers' Index (PMI) of China's manufacturing sector rose to 54.3 percent in September, up 0.3 percentage points from a month earlier, the China Federation of Logistics and Purchasing (CFLP) said on Oct. 1. |
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China's retail sales hit 14 billion yuan (about 2 billion U.S. dollars) during the first three days of the National Day Holiday, up 15 percent from the same period of last year, the Ministry of Commerce said Sunday. |
 Officials from China and the Democratic People's Republic of Korea (DPRK) signed a series of agreements on cooperation on Sunday in Pyongyang.
Chinese Premier Wen Jiabao and his DPRK counterpart Kim Yong Il attended the signing ceremony.
Wen Arrives in Pyongyang, Greeted by Kim Jong Il at Airp… |
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Group of Seven finance chiefs stopped short of singling out the weaker dollar for criticism and stuck to their mantra that “disorderly” swings in currencies threaten economic growth. |
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Chinese central bank official Yi Gang said the strength of lending in the country isn’t a cause for concern and will stabilize, indicating he doesn’t see an immediate need to pull back on economic stimulus measures. |
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