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Advanced economies lack tools to deal with sluggishness

Since the 2008 global financial crisis struck, policymakers in advanced economies have adopted various kinds of measures, ranging from fiscal, monetary to structural ones, to try to revive the economy, but to no avail.

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Globalization less productive: experts

Economic globalization tends to be slowing down, experts have said at an economic forum, citing periodical and structural reasons.

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White House announces Obama's trip to attend G20 summit in China, first visit to Laos

The White House announced Thursday that U.S. President Barack Obama is to travel to China and Laos in early September, during which he will attend the G20 summit and conduct his first visit to Laos.

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Pakistani PM calls for timely progress on China-Pakistan Economic Corridor's projects

Pakistan Prime Minister Nawaz Sharif told the cabinet on Thursday that the projects in the China-Pakistan Economic Corridor (CPEC) were the top priority of the government and concerted efforts should be made to ensure timely progress.

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China is capable of keeping its economic growth above 6.5%: Justin Yifu Lin

Should the second largest economy in the world makes full use of its ability to stablize growth, expand aggregate demand and implement supply side structural reforms, then China will be able to keep its economic growth above 6.5 percent for the remainder of this year as well as throughout the country's 13th Five-Year Plan period (2016-2020).

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Li urges top advisers to rely on broad vision

Premier Li Keqiang called on Wednesday for top advisers to contribute thoughts and suggestions on how to improve the government's policymaking.

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Trump outlines economic plan to reboot campaign amid protests

U.S. Republican presidential nominee Donald Trump on Monday outlined the details of what he called "America First" economic plan to rebuild momentum of his campaign, as protesters repeatedly interrupted him.

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US Federal Reserve keeps rates unchanged, says risks to outlook reduced

The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the US economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year.

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Risks still facing the economy

China's economic growth still faces heavy downward pressure, a meeting of the Political Bureau of the Communist Party of China Central Committee presided over by General Secretary Xi Jinping heard on Tuesday.

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Chinese premier stresses importance to promote strong, sustainable, balanced economic growth of China and world

Chinese Premier Li Keqiang Friday met with leaders of six major international economic and financial institutions in a "1+6" roundtable meeting at Diaoyutai State Guesthouse in Beijing.

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Chinese premier discusses ways to meet global economic challenges with int'l economic, financial leaders

Chinese Premier Li Keqiang on Friday held a "1+6" roundtable meeting with leaders of six major international economic and financial institutions at Fanghua Villa, Diaoyutai State Guesthouse in Beijing.

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German economy remains solid despite risks over Brexit: Finance Ministry

The German economy remains solid despite external risks result by Brexit, said German Finance Ministry in its monthly report on Thursday.

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African economies reap big from cooperation with China : AU officials

China's economic engagement in Africa has created significant benefits for African economies which is a catalyst for the continent to realize agenda 2063, say top officials at the African Union (AU) in Kigali, capital of Rwanda.

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Abe orders stimulus package by end of July as he meets former US Fed chairman for economic advice

Japanese Prime Minister Shinzo Abe on Tuesday told his economy minister to compile an economic stimulus package by the end of this month to revive a flagging economy in the face of sluggish private consumption and investment.

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China-Philippine economic ties damaged by US interference

Trade and economic cooperation between China and the Philippines have great potentialand both countries should overcome political obstacles and interference from outsidenations for their people's best interest, analysts said.

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Abe's empty words, deceitful campaign strategy raise concerns of leading voters astray

With the Upper House election looming, Japanese Prime Minister Shinzo Abe's campaign strategy, which has been to oversell his economic policies while being evasive about his true political goal of revising the pacifist Constitution, has raised concerns of leading the voters astray and sending Japan down a dangerous road.

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China Q2 growth stable but economy may need official policy nudge

Benchmark interest rate cuts could be on the horizon as the mainland battles economic headwinds over the rest of the year, analysts say