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Epidemic not likely to depress China's economy in the long term: official

Although the novel coronavirus outbreak has thrown relatively big shocks to economic activities in the first two months, its impacts are short-lived and controllable,

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Guterres: 3.5-4.4 billion people will face clean water problem by 2050

VCG United Nations Secretary-General Antonio Guterres warned on Sunday that without further efforts, between 3.5 and 4.4 billion people in the world will live with limited access to water, wit

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3.5-4.4 billion people will live with limited access to water by 2050, warns Guterres

United Nations Secretary-General Antonio Guterres warned on Sunday that without further efforts, between 3.5 and 4.4 billion people in the world will live with limited access to water, with more

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Chinese, Namibian leaders exchange congratulations on 30th anniversary of diplomatic ties

Chinese President Xi Jinping exchanged congratulatory messages on Sunday with his Namibian counterpart, Hage Geingob, on the 30th anniversary of their countries' diplomatic relations. In his message,

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S&P warns 1 in 10 U.S. firms may default on debt

A police officer walks across an empty 7th Avenue in a sparsely populated Times Square due to COVID-19 concerns, New York, U.S., March 20, 2020. /AP A wave of company defaults is likely to swe

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U.S. reports more than 13,000 coronavirus cases, doubling in two days

An ambulance staff in protective suit wheels a stretcher with a patient on into a nursing facility in Kirkland, Washington State, U.S., February 29, 2020. /AP Johns Hopkins Coronavirus Resour

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Air pollution declines in Spain after partial lockdown

Restrictions on mobility have had an important effect on air pollution in the Spanish cities of Madrid and Barcelona, according to investigations carried out by the Catalan regional authority and

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Watch SpaceX launch 60 more Starlink satellites and attempt a Falcon 9 re-use record

SpaceX is launching its latest Starlink mission today, with a takeoff time of 8:16 AM EDT (5:16 AM PDT) currently scheduled to take place at Kennedy Space Center in Florida. The launch will carry 60

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No data to confirm COVID-19's relation with weather: Chinese expert

A COVID-19 patient takes pictures of cherry blossoms at a hospital in Wuhan, central China's Hubei Province, March, 14, 2020. (Xinhua/Fei Maohua)BEIJING, March 16 (Xinh

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China resumes construction of most key railway projects

China has steadily promoted the resumption of major railway construction with a total of 108 under-construction projects nationwide having resumed work, the China Stat

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Delta Air Lines cuts capacity by 40%

Industries across the spectrum are struggling to meet the challenges that the current Coronavirus outbreak presents. Few, though, are as immediately impacted as the airlines (and all the third-party c

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China announces RRR cuts, frees up about $79 billion for market

People's Bank of China, Beijing, China. /VCG China's central bank announced Friday it will cut the reserve requirement ratio (RRR) for some banks effective March 16 to boost lending support fo

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China ups credit support for small businesses amid epidemic

The Chinese banking sector has beefed up financial support for small businesses to weather the COVID-19 outbreak. As of Tuesday noon, China's city commercial banks and

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Business travel sector to lose $820 bln in revenue on coronavirus hit

VCG The global business travel sector is expected to take a revenue hit of about 820 billion U.S. dollars as corporates curb travel plans in the face of the coronavirus epidemic, an industry b

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China updates tax-cut guidelines to combat COVID-19

China's taxation authority on Tuesday unveiled an updated tax-cut guidelines to better cope with the spread of COVID-19 and support work and production resumption.The guidelines detailed 17 polici

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Iranian saffron sales grow despite sanctions

A worker in Novin Saffron International laboratory checks the quality of stigmas. Jack Barton/CGTN Iran's economy has undoubtedly been hit hard since sanctions were re-introduced following the

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Chinese province bolsters support for epidemic-hit aged care sector

East China's Jiangsu Province released a slew of measures Thursday, including rent reduction and financial support, to help the aged care service industry weather the