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IMF welcomes China’s SOE reform and credit control

China’sreformofstate-ownedenterprises(SOEs)andthecontinuedreininginofcreditinordertocontrolitsfinancialriskwillbemostwelcome,saidChristineLagarde,ManagingDirect

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Interview: China could sustain 6 pct growth rate in medium term

Chineseeconomycouldsustaincurrentgrowthrateofover6percentfortheforeseeablefuture,aU.S.experthassaid."Thegrowthratehascomedownfromthepreviouseightor10percent,but

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Total 2,640 civilians killed in Afghan armed conflicts in first 9 months

Afghancivilianscontinuetobearthebruntofarmedconflictsas2,640civilianswerekilledandsome5,379otherswoundedinthefirstninemonthsoftheyear,theUNmissionreportedonitsw

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U.S. spends 18 percent of GDP on health care: study

Americansspent3.51trillionU.S.dollarsonhealthcareayear,accountingfor18percentofGrossDomesticProduct,aratiothatishighestamongalldevelopedeconomies,saidarecentstu

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China's trade volume up 16.6% in Jan-Sept

China'sforeigntradevolumerose16.6percentto20.29trillionyuan($3.08trillion)inthefirstthreequartersofthisyear,officialdatashowedFriday.Exportsincreased12.4percent

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Huge rise in Chinese students heading to study in Britain

ThenumberofvisasgrantedtoChinesestudentstostudyinBritainhasincreasedthisyearby17percent,HomeOfficeMinisterBaronessWilliamstoldtheHouseofLords.Britain'suppercham

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IMF raises China growth forecast for 2017

TheInternationalMonetaryFund(IMF)raiseditsforecastforChina’seconomicgrowthto6.8percentfortheyear,amovethatthelenderattributestostrongrecordedgrowthinthefirsthal

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Indonesia gets its IMF growth forecast expanded to 5.2 pct this year

ByAPDwriterMaverickJAKARTA,Sept.11(APD)–Indonesia’seconomicgrowthforecastforthisyearwasrevisedhigherto5.2percentbytheWashington-basedfinancieragencyofInternatio

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India investors eye GST impact on July-September corporate earnings

ProfitsfromIndia'stopfirmsareexpectedtohaveswungbacktogrowthinJuly-Septemberfromadeclineinthepreviousquarter,thougheconomicheadwindsarelikelytohavekeptthepaceof

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Chinese courier companies raise prices ahead of "shopping festival"

TwomajorChinesecouriercompaniesannouncedpricehikesonTuesdayandWednesdayaheadofNovember11,whichwillseeChina'slargestonlineshoppingfestival.ZTOExpressandYundaExpr

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China says ‘no problem’ realizing 6.5% growth target in 2017

Chinasees“noproblem”inrealizingitseconomicgrowthtargetof6.5percentin2017,andmayhaveevenbetterresults,NingJizhe,headoftheNationalBureauofStatisticssaidonTuesdaya

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China's Alibaba tops Amazon as biggest e-commerce company

Chinesee-commercegiantAlibabasurpasseditsU.S.counterpartAmazonastheworld'sbiggeste-commercecompanyTuesdayastheHangzhou-basedcompanyreachedthethresholdof470billi

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IMF raises global growth forecast due to broad-based recovery

TheInternationalMonetaryFund(IMF)onTuesdayraiseditsglobalgrowthforecastfor2017and2018duetoabroad-basedrecoveryinEurope,China,JapanandtheUnitedStates.Initslatest

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10 million Australians vote so far in same-sex marriage poll

TenmillionAustralians,or62.5percentoftheeligiblevoters,havecasttheirvotessofarinapostalballotonwhethersame-sexmarriageshouldbelegalized,theBureauofStatisticssai

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Real estate curbs begin to hit China's market

NewlyintroducedrestrictionshelpcurbmarketduringpeaksalesseasonPropertysalesinthecountry'smajorcitiesdroppedtoathree-yearlowduringtherecentNationalDayholiday,ast

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Samsung shares jump on expected record third-quarter memory chip profit

SharesinSamsungElectronicsCoLtdrose4.5percentafterthemarketopenedinSeoulonTuesday,asanalystsexpectedthetechgianttoannouncerecordprofitsinmemorychipsfortheJuly-S

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Vietnam faces nearly 10,000 network attacks in nine months

Vietnam'scomputernetworksexperienced9,964attacksinthefirstninemonthsofthisyear,theVietnamComputerEmergencyResponseTeam(VNCERT)saidonMonday.Over46.1percentofthet