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China's growth recovery takes pause but remains on track

China's economic recovery took a temporary pause in July owing to weaker domestic investment demand, but it still remained on track, said Wang Tao, chief China economist at Switzerland's largest bank UBS, in a research note.

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S.Korea's startup growth hits record on retired baby boomers

Startup growth in South Korea hit the monthly high as retired baby boomers set up businesses amid strong government support, central bank data showed Thursday.

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Falling commodity prices slow New Zealand economic growth

Falling commodity prices are slowing New Zealand's economic growth, although the economy is still expanding "at a robust pace," the Treasury said in its Pre- election Economic and Fiscal Update on Tuesday.

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China eyes quality development despite slower growth

As China shifts its focus to a more balanced development model, gross domestic product (GDP) growth is decelerating in many parts of the country.

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China's industrial profit growth accelerates, economic prospects brighten

China's industrial profits continued to grow at a faster pace in the first half of this year, the latest evidence that the world's second-largest economy is gaining strength against downward pressures.

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GDP, house prices frame China's future property policies

China's future property policies must strike a tough balance between the decelerated growth of the GDP and the rise in home prices, noted economist Ba Shusong has said.

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Internet to drive future growth with enhanced productivity

Internet could contribute up to 22 percent of China's GDP growth through 2025, via increased productivity and adoption of internet application across a number of sectors, according to the latest research by consultancy McKinsey.

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China vows to ease financing costs for real economy

Chinese Premier Li Keqiang on Wednesday pledged to take various steps to give more financing support to the real economy while keeping credit growth at a proper level.

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China's power data point to positive signs, pressure

Slightly higher power consumption in the first half of 2014 indicated China is still battling to arrest a slowing economy, analysts said.

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China's GDP grows 7.4 pct in H1

China's economy grew 7.4 percent year on year in the first half of 2014, the National Bureau of Statistics (NBS) announced on Wednesday.

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"Broken BRICS" argument lacks vision, substance

The familiar argument predicting a collapse of BRICS countries by the West has sadly failed to grasp the essence of the dynamic grouping from the emerging world.

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Downward pressure burdens Chinese economy

Although Chinese leaders have stressed the flexibility of the GDP growth target, an inspection group dispatched by the State Council found that attaining "reasonable" growth remains a struggle.

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India aims to achieve 7-8 pct growth, inclusive growth with new budget

India's new government under Prime Minister Narendra Modi Thursday presented its first national budget which is aimed at achieving 7 to 8 percent growth rate in next  three to four years while maintaining inclusiveness of development.

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Chinese finance minister says currency intervention necessary

Chinese Finance Minister Lou Jiwei on Wednesday said currency interventions are necessary when the economy has yet to fully recover and capital inflow is abnormal.

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China's June PMI at six-month high

Growth in China's manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing.

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IMF lowers U.S. growth forecast to 2 percent in 2014

The International Monetary Fund (IMF) on Monday cut its U.S. economic growth forecasts for this year from the previously predicted 2.8 percent to 2 percent due to a weak first quarter performance, but kept its 2015 projection unchanged at 3 percent.

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China stresses "targeted" economic control

China will attach greater importance to targeted control measures to keep economic growth in a proper range, Chinese Premier Li Keqiang said on Tuesday.