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Central gov't officials in Tibet for 50th anniversary of autonomy

Top Chinese political advisor Yu Zhengsheng arrived in Lhasa, capital of Tibet Autonomous Region, on Sunday, leading a central government delegation to attend festivities marking the 50th anniversary of the region's founding.

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China Voice: Temporary depreciation won't change strength of yuan

The recent sharp depreciation of China's currency is just a temporary correction after a change in the country's central parity rate formation system.

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Lower exchange rate byproduct, not goal

The central bank on Tuesday revised the yuan's central parity rate formation system to give the market a louder voice, and the market answered - with a sharp fall.

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Chinese yuan extends sharp fall Wednesday

Chinese currency continued to fall on Wednesday after the central bank reformed the exchange rate formation system to better reflect the market.

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China improves exchange rate formation system; yuan falls sharply

China's currency fell sharply in value on Tuesday following the central bank's decision to improve its "central parity system" to better reflect market development in the exchange rate between the Chinese yuan against the U.S. dollar.

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Chinese yuan strengthens to 6.1137 against USD Friday

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 11 basis points to 6.1137 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.

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China's yuan forward, further uptick seen limited

China's yuan strengthened to its strongest level in 14 months against the U.S. dollar on Thursday, however, with further easing policies expected the upside is seen as limited, analysts said.

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Japan gov't ignoring Okinawans' feelings could see history of clashes repeat itself

​A rift is widening dramatically between Japan's central government and local officials and citizens in Okinawa Prefecture following an order by its governor for the defense bureau to halt drilling at the site of a planned new U.S. military base in a coastal region on the island being overturned and sparking protests in the region.

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Japan's central bank cuts inflation outlook for fiscal 2015

​The Bank of Japan (BOJ) on Wednesday cut its inflation forcast for the fiscal 2015 starting in April in the wake of recent plunge in oil price that has weighed down consumer prices, but it kept its policy of ultra-loose monetary easing.

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Sri Lanka's central bank keeps rates unchanged

​Sri Lanka's central bank has decided to maintain current policy interest rates as headline inflation had declined to its lowest level in October 2014 since November 2009, the institution said here on Wednesday.

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ICBC to clear RMB business in Toronto

China's central bank on Sunday appointed the Industrial and Commercial Bank of China (ICBC) to clear transactions involving the country's currency, the Renminbi or yuan, in Canada's financial hub of Toronto.

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S. Korea raises worrying pitch on weak yen, rate cuts restricted

​South Korea on Wednesday raised its worrying pitch on the prolonged weakness of the Japanese yen, which would dent competitiveness of domestic exporters, but the central bank kept its stance that the effect of further rate cuts to respond to the weak yen would be restricted.

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NPC decision a landmark in HK democratic development

The decision adopted by China's legislature on Hong Kong's electoral reform is a landmark in the region's democratic development and will bear no disturbance in its implementation.

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Central gov't to try utmost for HK universal suffrage

China's central government is resolute and sincere in realizing universal suffrage in Hong Kong's chief executive election in 2017, a senior official of the Chinese mainland said on Friday.

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China's global LEI registration system into operation

China's central bank announced on Monday that an online system for the registration of Legal Entity Identifiers (LEI) has been established and put into operation, joining a global effort to strengthen financial stability.

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Inspections take policy the extra mile

Comprehensive inspections by China's central government find problems in policy at the grassroots and provide the tools to fix them.

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China's cabinet's inspectors to ensure policy implementation

The State Council, China's cabinet,   dispatched eight inspection teams on Wednesday to check the implementation of its policies nationwide, in a process which will last 10 days through to July 5.