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U.S. stands ready to welcome China-proposed AIIB

​The United States stands ready to welcome the China-proposed Asian Infrastructure Investment Bank (AIIB), U.S. Treasury Secretary Jacob Lew said Tuesday, just after his two-day visit to Beijing.

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Standardization key for rehabilitating "Made in China"

For decades, inexpensive Made in China products have flooded global markets and brought benefits to people in every corner of the world. But too often, Made in China was directly associated with inferior quality.

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China's Press standards stress zero tolerance for underhanded behavior

After high profile cases involving media outlets that published favorable stories in return for money, 16 press standards committees have been established over the past two years across China.

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Egypt jails 8 men over "gay wedding"

​An Egyptian court sentenced on Saturday eight men to three years in prison for appearing in a video of an alleged gay wedding and posting it online.

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Obama orders review of personnel after Washington Navy Yard mass shooting

U.S. President Barack Obama has ordered a review of standards for contractors and employees in federal government in the wake of the Navy Yard shooting in Washington, D.C., the White House said Tuesday.

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China takes on steel overcapacity

A list of 45 Chinese steel enterprises that meet national iron and steel industrial standards was published Tuesday in the latest move to tackle excess production capacity that has plagued the sector.