US-China Plan New Trade Talks for Deal by End of April: WSJ

US-China Plan New Trade Talks for Deal by End of April: WSJ

TOP U.S. and China negotiators are planning new rounds of talks starting next week to end a trade dispute between the two nations, the Wall Street Journal reported on Tuesday. U.S. Trade Representative Robert Lighthizer and Treasury Secretary...

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China Jan-Feb Industrial Output up 5.3 Percent, a 17-Year-Low, but Investment Tops Forecasts

China Jan-Feb Industrial Output up 5.3 Percent, a 17-Year-Low, but Investment Tops Forecasts

China’s industrial output grew 5.3 percent in the first two months of this year, the slowest pace of expansion in 17 years, official data showed on Thursday. But fixed-asset investment rose 6.1 percent, while retail sales rose 8.2 percent...

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China’s digital economy expected to create 200 mln jobs by 2020

China’s digital economy expected to create 200 mln jobs by 2020

China’s digital economy has the potential to create over 200 million jobs by 2020, the Economic Information Daily reported Tuesday. “The development of the digital economy not only advances an employment upgrade but also brings about...

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China February Forex Reserves Rise to Six-Month High, Eases Outflow Worry

China February Forex Reserves Rise to Six-Month High, Eases Outflow Worry

China’s foreign exchange reserves in February rose to their highest in six months as growing optimism over U.S.-China trade talks buoyed the yuan currency, easing worries about capital outflows from the slowing economy. While China’s...

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Italy Plans to Join China’s Belt and Road Initiative: FT

Italy Plans to Join China’s Belt and Road Initiative: FT

Italy plans to sign a memorandum of understanding to become a part of China’s Belt and Road Initiative (BRI) by the end of March, a move which has drawn critical reaction from the United States, the Financial Times reported on Tuesday...

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China to slash taxes, boost lending to shore up slowing economy

China to slash taxes, boost lending to shore up slowing economy

China will cut billions of dollars in taxes and fees, increase infrastructure investment, and step up lending to small firms, Premier Li Keqiang said, as the government boosts stimulus to shore up an economy growing at its slowest pace in almost...

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China January Soybean Imports From U.S. Nearly Double Vs. December: Customs

China January Soybean Imports From U.S. Nearly Double Vs. December: Customs

China’s imports of U.S. soybeans nearly doubled in January from the previous month as cargoes booked after a Sino-U.S. trade truce arrived in the world’s top oilseed importer, according to Chinese customs data published late on...

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China January Trade Surplus With U.S. Narrows to $27.3 Billion

China January Trade Surplus With U.S. Narrows to $27.3 Billion

China’s trade surplus with the United States narrowed to $27.3 billion in January, from $29.87 billion in December, customs data showed on Thursday. China’s exports to the United States fell 2.4 percent in January from a year earlier...

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Holiday week spending over 1 trillion yuan

Holiday week spending over 1 trillion yuan

Chinese consumers opened their wallet during Spring Festival, not only on things like digital home appliances and imported fresh food but also on experiences such as travel and entertainment, government figures showed. Shopping, dining out...

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Canadian opposition leader promises to cut regulatory red tape

Canadian opposition leader promises to cut regulatory red tape

A Canadian government led by Andrew Scheer, the current leader of the Conservative Party of Canada (CPC), would repeal legislation currently before the Senate that hobbles resource development. Speaking at Roundup 2019, Scheer said if a...

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Global aluminium production growth brakes sharply in 2018

Global aluminium production growth brakes sharply in 2018

Global aluminium production grew at its slowest pace in a decade in 2018, and most of that was in the first half of the year. Output totalled 64.34 million tonnes, according to the International Aluminium Institute (IAI), up by just 1.5 percent...

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