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Chinese banks report forex settlement surplus last month

BEIJING, Jan. 17 (Xinhua) -- China's commercial banks saw a net forex settlement surplus of 15.6 billion yuan (2.2 billion U.S. dollars) in December 2019, the country's forex regulator said Friday. F

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China's resident disposable income rises 5.8 pct in 2019

BEIJING, Jan. 17 (Xinhua) -- China's per capita disposable income stood at 30,733 yuan (4,461.95 U.S. dollars) in 2019, up 5.8 percent year on year in real terms, official data showed Friday. Separat

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Namibia inflation down to 2.6 pct in December

WINDHOEK, Jan. 15 (Xinhua) -- Namibia's annual inflation rate slumped to 2.6 percent in December last year, down by 2.5 percentage points year on year. According to the official National Consumer Pri

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CITIC Securities reports surging net profit in 2019

BEIJING, Jan. 14 (Xinhua) -- CITIC Securities, one of China's leading brokerage firms, reported rising net profit in 2019 in its preliminary earnings estimate. Net profits for the parent company incr

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China auto sales down 8.2 pct in 2019

BEIJING, Jan. 13 (Xinhua) -- China's auto sales went down 8.2 percent year on year to 25.77 million units in 2019, data from an industry association showed Monday. The country's vehicle output stood

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Number of registered local companies in Hong Kong falls 1.5 pct last year

HONG KONG, Jan. 12 (Xinhua) -- The total number of local companies registered in Hong Kong stood at around 1.38 million by the end of 2019, down about 1.5 percent year-on-year, official statistics sh

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China's major investment company reaps record gross profits

BEIJING, Jan. 11 (Xinhua) -- The State Development and Investment Corp., a major state-owned investment company, reaped a record 20 billion yuan (about 2.86 billion U.S. dollars) in gross profits in

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