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Financial institutions criticized for fees to small businesses

Several Chinese banking, insurance and credit institutions have been criticized for charging excessive fees on loans to small and micro businesses, involving a total of nearly 100 million yuan ($1

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India's Modi calls Biden to advance strategic ties

Indian Prime Minister Narendra Modi has spoken to U.S. President-elect Joe Biden by telephone to congratulate him on his election victory, which he said showed the stre

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BRICS uphold mutilateralism, set 2025 roadmap for investment, trade

02:13 BRICS countries have agreed to uphold multilateralism for economic recovery during the online summit chaired by Russia on Tuesday. BRICS is the acronym for an emerging-market blo

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China emphasizes the rule of law in tackling corruption

A flagship magazine of the Communist Party of China (CPC) Central Committee on Monday published an article by President Xi Jinping themed on building the rule of law.In

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China urges U.S. to drop investment ban linked to Chinese military

China's Foreign Ministry on Friday called on the U.S. government to stop targeting Chinese enterprises with the excuse of national security and vowed to protect the interest of Chinese firms.China's

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Terrorism, drug trafficking top issues in declaration from SCO council

File of the SCO emblem in Qingdao City, Shandong Province. /CFP The prior task of the Shanghai Cooperation Organization (SCO) is to enhance cooperation in effectively cracking down on terroris

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Islamic State claims deadly Kabul University attack

Afghan policemen keep watch near the site of an attack in Kabul, Afghanistan November 2, 2020. /Reuters The Islamic State group has claimed Monday's deadly Kabul University attack which killed

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Pakistan to unblock TikTok after it vows to moderate content

Pakistan has decided to lift a ban on popular social media app TikTok after the company vowed to block all accounts involved in spreading "obscenity and immorality," the country's telecom authority s

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Fed to keep low rates, expecting more fiscal policy support

Federal Reserve Chair Jerome Powell speaks at an online press conference on September 16, 2020./VCG Photo U.S. Federal Reserve officials vowed to keep the interest rate near zero before 2024 a

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DPRK launches 80-day campaign to achieve development goals

DPRK leader Kim Jong Un inspects sites of reconstruction in flood-hit Kimhwa County, in this image released by the KCNA on October 1, 2020. /Reuters Kim Jong Un, the leader of the Democratic P

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LVMH to counter-sue Tiffany for 'dishonesty'

Tiffany & Co sued LVMH on September 9 after the French luxury goods giant told the U.S. jeweler it could not complete a 16 billion U.S. dollars deal to acquire it because of a French government r

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China's 'secretive' reusable spacecraft lands successfully - state media

The mission comes three years after China vowed to make a reusable spacecraft that could fly like a plane.

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Venezuela pardons over 100 opposition politicians as election nears

Venezuela's President Nicolas Maduro speaks during the national award of journalism ceremony in Caracas, Venezuela, June 29, 2020. /Reuters Venezuela said on Monday it had pardoned more than 1

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Wang Yi says China, Italy withstood test of COVID-19 pandemic

02:17 China's State Councilor andForeign Minister Wang Yi on Tuesday said the relations between China and Italy have withstood the test of the COVID-19 pandemic.Wang ma

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South Africa's President urges his party members to end corruption

South African and African National Congress (ANC) President Cyril Ramaphosa wrote a letter on Sunday to his party members calling for an immediate end to corruption in the party's ranks. /Reuters

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Lebanese president vows quick compensation for victims of blasts

A shattered window provides a vantage point for the aftermath of the explosion. /AFP Lebanese President Michel Aoun vowed on Saturday to secure quick and effective compensation for people whos

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Trump team reassures U.S. firms on using WeChat in China

The Trump administration is privately seeking to reassure U.S. companies, including Apple Inc., that they can still do business with the WeChat messaging app in China, Bloomberg reported on Friday, c