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Chinese economy still an "engine" rather than a "laggard"

The negative spill-over effect of a slowing Chinese economy is overwhelmingly exaggerated, while the positive effect generated by China's economic structural adjustment is clearly underrated, economic experts said.

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Myanmar president hails achievements of government's 5-year term

Myanmar's president said on Thursday that the outgoing government has made many achievements during its past five years' term in office, covering development in political, economic, communication and educational spheres.

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CELAC summit ends with agreements to combat poverty, strengthen economic integration

The fourth summit of the Community of Latin American and Caribbean States (CELAC) concluded here Wednesday as leaders pledged regional unity to reduce poverty and bolster economic cooperation.

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S. Korea's consumer confidence falls to 6-month low

Confidence among South Korean consumers over economic situation weakened to the lowest in six months on worries about economic slowdown in China, South Korea's largest trading partner, central bank data showed Wednesday.

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S. Korean president mulls visiting Iran after sanctions lifted

South Korean President Park Geun-hye was considering her visit to Iran as economic sanctions were lifted after an agreement between Tehran and world powers, Park's office said Wednesday.

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China stays confident in face of speculators

China has ample reasons to stay confident in face of speculators. Far from some speculators' claims, China is not a source of trouble but an important engine of global economic growth with its growing demand and investment.

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Hong Kong needs to align development plan with national strategies: central gov't representative

​Hong Kong needs to align local development plans with national strategies, Zhang Xiaoming, Director of the Liaison Office of the China's Central People's Government in the Hong Kong Special Administrative Region (SAR), said here Tuesday.

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New instruments needed to observe China's economy

​If a car's fuel gauge is showing empty but the car still drives, the problem could just be a faulty instrument panel. Such is the current case for China's economy during its new normal growth period.

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Chinese economic transition testing global investors' wisdom, courage

​As the Chinese economy is undergoing profound restructuring and transition, international investors seem to be split in their judgment about the prospects for China's capital market.

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Brazil to push for deeper economic integration at CELAC summit

Brazil said on Thursday it will propose deeper regional economic integration and more trade agreements within the Community of Latin American and Caribbean States (CELAC).

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Indonesia rail project will act as catalyst for growth

Indonesia's first high-speed railway, being built by China, will be a significant boost to the country's economy and act as a catalyst for other key infrastructure developments regionally, according to experts following the project.

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Resilient, sustainable growth expected for China

Innovation, coordination, green development, opening up and sharing are the five cornerstones proposed by President Xi Jinping for China to secure resilient and sustainable growth.

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AIIB opens to lay down milestone for global economic governance

The Asian Infrastructure Investment Bank (AIIB), a China-initiated multilateral bank, started operational on Saturday, marking a milestone in the reform of global economic governance system.

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Iran to improve ties with West "gradually" as sanctions lifted: expert

Iran would manage to decrease tensions with the West "gradually" after the international deal on Tehran's nuclear program started to be implemented and Western sanctions were removed, an Iranian expert said.

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Reforms key for attaining China's economic goals

With a strong resolve to deepen reforms and a clear grasp of its priorities, the Chinese government is on the right path toward countering downward pressure for growth and realizing major economic goals for the next five years.

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Over three years on, Xi's governance brings changes to China

​At the beginning of his term as the top leader of the Communist Party of China (CPC) in November 2012, Xi Jinping told reporters the Party's mission: To achieve the great rejuvenation of the Chinese nation.

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Thais yearn for better economy, peace, reconciliation: poll

A majority of Thais want the government to address the country's lackluster economy and achieve peace and national reconciliation, showed a survey released on Sunday.