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China's fiscal revenue falls in first 9 months

China's fiscal revenue dropped 6.6 percent year on year during the first nine months of 2022, official data showed on Tuesday.The country's fiscal revenue amounted to a

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Biden signs $770 billion defense bill

U.S. President Joe Biden signed into law the National Defense Authorization Act (NDAA) for fiscal year 2022, which authorizes $770 billion in defense spending, the Whit

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EU launches health crisis body to prepare for future pandemic

The European Commission launched on Thursday a health crisis body that will coordinate EU spending of almost 30 billion euros ($35.3 billion) to prepare for a future pa

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U.S. Senate votes to advance bipartisan infrastructure bill

U.S. Senate on Wednesday voted to proceed a bipartisan infrastructure deal that was struck earlier in the day, clearing the first hurdle toward adopting a long-waited and hotly debated spending packa

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Rebuilding America: Electric Vehicles

03:34 The Biden administration has proposed spending $174 billion to boost the EV market.Are those investment numbers enough to shift U.S. drivers to go electric?What speed bumps lie ah

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China and U.S. compete in technology and innovation

02:47 Competition between the U.S and China is heating up and the U.S. plans to boost spending for research and development in technology and innovation. Check out The China Report, our

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The first 100 days: Early responses to Biden's speech to Congress

02:55 In a speech before a joint session of Congress, U.S. President Joe Biden laid out a “to do” list that included massive government spending on things like infrastructure and educat

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Premier Li outlines growth challenges amid pandemic

01:33 The global economy continues to face grave challenges as the COVID-19 pandemic rages on around the world, Chinese Premier Li Keqiang said on Friday at the opening meeting of the

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Navalny departs for Moscow after recovery in Germany

Russian opposition leader Alexei Navalny has departed Berlin for Moscow on Sunday after spending several months in Germany recovering from alleged poisoning.

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Trump wants Congress to amend COVID-19 relief bill, threatens to veto

U.S. President Donald Trump said on Tuesday he wants Congress to amend the coronavirus relief bill to raise the amount of stimulus checks and eliminate wasteful spending, among other issues.

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U.S. Congress passes stopgap funding bill to avoid govt shutdown

The U.S. Congress on Friday passed and sent to U.S. President Donald Trump a two-day stopgap extension of existing federal funds to avoid a midnight government shutdown, as negotiators work on a $900

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With COVID-19 cases rising, Brazilians prepare for Christmas holiday

02:35 Brazil’s countdown toChristmashasalready began, butDecember salesestimatessuggestBrazilianswill be spending much less this season.The country’s economy has been hit hard by the C

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Argentina seeks wealth tax to help families impacted by COVID-19

02:23 Argentina​’s Senate is debating a one-off wealth tax that affects roughly 10,000 of the country’s richest citizens.It is aimed at raising over $3 billion for social spending to h

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Chinese tycoon Huang Guangyu released on parole

Huang Guangyu, chairman of GOME Electrical Appliances Holding Ltd., attends a news conference in Hong Kong, China, August 17, 2006. /Reuters The founder of China's largest consumer electronics

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COVID-19: Officials still working to remove guests from Grand Princess

01:38 People are slowly disembarking from the Grand Princess Cruise ship, which docked in the port of Oakland after spending days near the coast of California.CGTN's Mark Niu has the l

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Grand Princess at California port, now moving passengers from ship

01:25 The Grand Princess cruise ship finally docked in the Port of Oakland on Monday, after spending days off the coast of California after a number of coronavirus cases were discovere

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U.S. GDP unrevised at 2.1 pct in Q4

U.S. gross domestic product (GDP) increased at an annual rate of 2.1 percent in the fourth quarter in the second estimate, unrevised from an advance estimate, the U.S. Commerce Department reported T