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BOCOM economist: China to achieve 2% growth in 2021

04:48 Editor's note: The upcoming China Central Economic Work Conference is a key meeting usually held in December. The gathering is expected to address the challenges facingChina and

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DHL Express CEO: Pent-up demand, policy to drive 2021 trade momentum

03:41 Even though the coronavirus pandemic may still be weighing on economic activity, global trade is expected to see strong growth in 2021 and in subsequent years, according to globa

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Central banks' influence now limited, former U.S. officials say

02:01 Global central banks have flooded the capital markets with cash in order to pump up asset prices and economic activity amid the crisis wrought by the coronavirus pandemic.But the

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TCL chairman: U.S. adds uncertainty factor to global supply chain

VCG U.S. trade policies against China is a factor of uncertainty that has effectively disrupted global industrial supply chains, even more so than the ongoing coronavirus pandemic, claimed the

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Polestar CEO: EV market to grow regardless of the overall auto trend

04:54 China's electric vehicle (EV) market, the largest in the world, still holds "big potential" for EV carmakers as it is expected to continue an upward growth path for the segment d

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ADB: China's green development can overtake economic growth

06:53 China's goal to achieve carbon neutrality by 2060, as announced by Chinese President Xi Jinping at the United Nations General Assembly (UNGA) this week, is highly achievable as t

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PBOC details market access of financial holding companies

01:13 In order to better serve the real economy, China has launched new regulation that requires non-financial companies or other eligible entities - which controls at least two financ

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PBOC research arm: Blockchain platform shortens trade finance process

03:18 A blockchain-based platform for trade finance developed by the Digital Currency Institute (DCI), the research arm of China's central bank, the People's Bank of China (PBOC), has

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Deloitte: China attracting foreign investors in financial services

07:59 The Chinese government's continued reforms and opening up had managed to attract a "large number" of foreign services firms into the country this year, despite a dampened global

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Roland Berger: China's manufacturing has been consistent

03:08 Chinese manufacturers have been consistent in catering to the global demand in various sectors despite fears of a recalibration of the global supply chain triggered by the COVID-

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Natural disasters expected to take out over $75 bln in 2020: expert

05:44 Natural catastrophes, which include bushfires and storms but exclude the coronavirus pandemic, have cost around 70 billion U.S. dollars in the first half of 2020, according to tw

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EIU: Singapore still faces recession woes after elections

04:13 The Singapore economy is facing the worst recession in its 55-year history and is unlikely to attain full recovery soon, even as the country goes to the polls on Friday, said the

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OECD director: We cannot return to pre-COVID labor market

03:29 The coronavirus pandemic has laid bare some of the existing problems in the labor market, such as gaps in social protection and job adaptability, and countries around the world s

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NGO says China's poverty alleviation model can be emulated

10:02 Editor's note: This week, Global Business' "Two Sessions Econ Forum" will help you decipher the policies and proposals from China's lawmakers and political advisers each day duri

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Tong Ren Tang: TCM vital in combating COVID-19

Traditional Chinese medicine (TCM) has been widely used in treating COVID-19 pneumonia in China. /VCG Traditional Chinese medicine (TCM) has been widely used in treating COVID-19 pneumonia in

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How China's LPR interest rate reforms has helped the economy

China's interest rate reforms that made the loan prime rate (LPR), the new benchmark lending rate for businesses and households, has guided down borrowing costs in the real economy.LPR rate cuts,

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Ex-Fed vice chair worried another U.S. shutdown by pandemic relapse

06:59 An economics professor at Princeton University has warned that some states in the U.S. may be opening up its economy too soon and in a "foolish" manner – causing concern over the