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The World Economic Forum's annual gender gap report is out and it doesn't look good

The World Economic Forum (WEF) revealed its annual global gender gap report today, and the results are depressing.

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IMF chief says Pakistan out of economic crisis, calls for further reforms

​Chief of the International Monetary Fund (IMF) Christine Lagarde on Monday hailed efforts by the Pakistani government to pull out the country from economic crisis through stabilizing macro-economy and called for further structural reforms to consolidate the achievements.

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Forum in Macao shows common value,ideal: Brazilian trade minister

​The trade cooperation forum held in Macao will help the communication between China and Portuguese-speaking countries (PSCs), and bring more opportunities for those countries, said the Brazilian trade minister on Tuesday.

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U.S. lifts economic sanctions on Myanmar

U.S. President Barack Obama on Friday issued an executive order to lift economic sanctions on Myanmar.

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Japan's opposition parties demand Abe ditch plans to amend pacifist constitution

​Opposition parties in Japan who recently agreed to cooperate to hold the ruling Liberal Democratic Party-led bloc more accountable in parliament, took aim at Prime Minster Shinzo Abe's plans to amend Japan's pacifist Constitution on Tuesday.

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Over 1 bln USD disbursed in Lao economic zones: media

​Over 1 billion U.S. dollars has been disbursed in various business activities and the development of special and specific economic zones (SEZs) in Laos, local daily Vientiane Times reported on Monday.

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Venezuela should revitalize Non-Aligned Movement with focus on media, says expert

​Venezuela should revitalize the Non-Aligned Movement (NAM) to meet the need for a new world order, Latin American columnist Fernando Buen Abad told Xinhua ahead of the opening of 17th NAM Summit.

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Cuba, U.S. hold talks on economic cooperations despite embargo

​Cuba and the United States held on Monday in Washington their first meeting on long-term bilateral economic ties despite the U.S.-led financial and commercial embargo, said the island country's Ministry of Foreign Affairs.

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Sino-Afghan railway connection hailed as stride to bolstering trade, security

​An Afghan newspaper has welcomed the first-ever arrival of cargo train from China to Afghanistan's northern Hairatan border town as a vital step towards enhancing trade and economic activities as well as stabilizing security in Afghanistan and in the region.

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G20 summit to open new path for growth -- experts

​The 11th summit of the G20 major economies is expected to open a new path for growth and more efficient global economic governance, international experts have said.

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Mexican leader sees strengthening China ties as "top priority"

​Mexican President Enrique Pena Nieto has hailed China as a global economic power, stating that "our priority is to strengthen bilateral relations."

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G20 summit good opportunity for China, other members -- expert

​The G20 summit in the eastern Chinese city of Hangzhou will be an opportunity for China to promote its own development model and to push the G20 members to adopt a joint approach towards infrastructure finance, a foreign policy expert told Xinhua in a recent interview.

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Latin America can draw inspiration from China's development path

​The Chinese economy, an engine of the global economy with a relatively high growth rate, can provide experience for developing regions and countries, including Latin America.

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Nigeria vows to grow non-oil economy as recession bites

​ Nigeria is working hard to grow its non-oil economy as a 2.06-percent decline year on year in second quarter GDP indicates reliance on oil as the bulwark of its economy spells trouble.

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ADB suggests economic diversification, job skills to accelerate growth in Bangladesh

Improved infrastructure and a more diversified economy can help Bangladesh increase economic growth, create meaningful jobs and enhance structural transformation as a thriving middle-income economy, the Asian Development Bank (ADB) said on Thursday.

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Ukrainian economy emerges from recession, but long-term risks persist

The Ukrainian economy has emerged from more than two years of recession after showing two consecutive quarters of growth. Yet, uncertainties still remain, posing long-term risks to a sustainable recovery.

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G20 shouldn't be distracted by geopolitics

The 11th G20 summit is set to convene in Hangzhou, East China's Zhejiang Province, on September 4-5. In order to host a successful summit, China has made thorough preparations. Since assuming the G20 presidency on December 1, the country has hosted a series of high-level meetings, where many valuable suggestions were made, laying a foundation for the success of the summit.