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Global economy faces more risks amid sluggish recovery

Looking back at the past half year's global economy, it is disappointing to see a weak recovery and a risky future.

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UK consumer confidence has collapsed since Brexit vote

UK consumer confidence dropped this week after the country voted to leave the European Union, according to a survey.

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S.Korea's consumer confidence stays low on corporate restructuring

​Confidence among South Korean consumers over economic situations stayed low this month due to the ongoing restructuring in shipping and shipbuilding industries.

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Chinese premier expresses confidence in economy

Premier Li Keqiang denied the possibility of the Chinese economy suffering a hard landing when he addressed the Annual Meeting of the New Champions 2016, or Summer Davos, in Tianjin Monday.

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China, Russia, Mongolia endorse development plan on economic corridor

China, Russia and Mongolia inked a development plan here on Thursday to build an economic corridor linking the three neighbors, pledging to boost transportation connectivity and economic cooperation in border regions.

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Time for the SCO to look beyond security cooperation

The 16th meeting of the heads of state of the Shanghai Cooperation Organization (SCO) will begin on Thursday in Tashkent, capital of Uzbekistan, and it is the leaders' responsibility to work together in that direction.

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Japanese political parties' heads debate on key issues ahead of upper house election campaigning

Leaders of Japanese political parties on Tuesday debated on key political and economic issues ahead of the upcoming House of Councillors election slated for July 10, with the ruling camp seeking to gain over two thirds of the seats in the chamber so as to launch a Constitution amendment motion.

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EU, ECB to discuss economic affairs, UK referendum

European Commission President Jean-Claude Juncker and Mario Draghi, president of the European Central Bank, are set to hold a meeting late Monday to discuss the bloc's economic affairs and the Brexit referendum.

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Full play of state role believed key to China's success

The state role in enabling economic growth and increasing social benefits is among what the world can learn from China, Paolo Yu, South Center's head of administration and coordinator of the Global Governance for Development Program, told Xinhua in a recent interview.

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Ex-banker Kuczynski narrowly leads in tight Peruvian presidential race

​The former World Bank economist Pedro Pablo Kuczynski maintained a very narrow lead over his rival Keiko Fujimori in the tightest presidential race in Peru in more than two decades.

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China releases remote sensing data on "Belt and Road" environment protection

China released a remote sensing report on Monday, detailing ecological information related to land cover, vegetation, agricultural conditions and marine environment on a global scale.

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'We want food!', Venezuelans cry at protest near presidency

Venezuelan security forces fired teargas at protesters chanting "We want food!" near Caracas' presidential palace on Thursday, the latest street violence in the crisis-hit OPEC nation.

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3 dead, 2 missing in heavy rain across China

Three people were killed and another two are missing after torrential rain hit many parts of China on Wednesday and Thursday.

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China determined to revitalize northeast rust belt

President Xi Jinping has pledged action on economic restructuring during a tour of Heilongjiang Province, once a flourishing heavy industrial center.

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Performance of stocks sheds light on new growth engine in China

China's Shanghai Composite Index has struggled around 2,800 points for the past two weeks, and a look beneath the surface at companies' performance sheets reveals the by-product of an uneven landscape.

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G20 faces some heavy lifting amid slowdown of global economic growth

​As the 100-day countdown started Friday to the Group of 20 (G20) summit in China's eastern city of Hangzhou, expectations are running high that members of the bloc, representing the bulk of global trade and economic output, will make concerted efforts to address the various challenges facing the global economy.