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Oil prices decline amid recession concerns

Source: Xinhua

Friday, August 16, 2019

Oil prices declined on Thursday, extending previous session's loss as investors continued to worry about possible economic recession. The U.S. Treasury yield curve temporarily inverted on Wednesday, with two-year note yields exceeding 10-year yields, signaling growing concerns over a recession in the world's biggest economy. Market participants wer ...
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Online retail sales up by 17.8% in first half

Source: China Daily

Friday, August 16, 2019

China, the world's second-largest economy, is actively embracing the burgeoning e-commerce sector, generating 4.82 trillion yuan ($683 billion) in online retail sales during the first six months of this year. Online retail sales surged 17.8 percent year-on-year in the first half, accounting for nearly 20 percent of the overall retail sales of consumer g ...
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Tit-for-tat action ready for latest US tariff plan

Source: China Daily

Friday, August 16, 2019

China will have to take necessary countermeasures in response to the United States government's proposal to slap an additional 10 percent tariff on $300 billion worth of Chinese goods, the State Council's Customs Tariff Commission said. Washington's planned move seriously violates the consensuses reached between the two countries' top leader ...
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New corridor to boost western growth

Source: China Daily

Friday, August 16, 2019

China is developing a new land-sea corridor in its western region in a bid to speed the opening-up and high-quality development of the region and deepen international economic and trade cooperation, the country's top economic planner announced on Thursday. The development plan, unveiled by the National Development and Reform Commission on its website, a ...
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Japan becomes largest foreign holder of U.S. Treasuries

Source: Xinhua

Friday, August 16, 2019

Japan surpassed China to become the largest foreign holder of U.S. Treasuries in June, with its holdings at the highest level in nearly three years, U.S. Treasury Department said Thursday. Japan's holdings of U.S. Treasuries increased 21.9 billion U.S. dollars in June to reach 1.1229 trillion dollars, according to data from the department. It has been m ...
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Malaysia's FDI rises to 160 bln USD in Q2

Source: Xinhua

Friday, August 16, 2019

Foreign Direct Investment (FDI) position in Malaysia increased to 667.5 billion ringgit (about 160 billion U.S. dollars), from 662.7 billion ringgit in the preceding quarter, official data showed Friday. The Malaysian Statistics Department said in a statement that Singapore remained as the top investor source, but China's Hong Kong Special Administrativ ...
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Hong Kong tycoon on recent social unrest: 'stop anger in the name of love'

Source: ANBOUND

Friday, August 16, 2019

Hong Kong tycoon Li Ka-shing called all anger to stop in an advertisement with the message "Stop anger in the name of love" aimed at recent violence that's erupted during Hong Kong protests. The advertisement was published on Friday by some newspapers in China's Hong Kong Special Administrative Region, including Ta Kung Pao, Wen Wei Po, and Hong Kon ...
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Shrinking German economy 'on edge of recession' as exports stutter

Source: CGTN

Thursday, August 15, 2019

Slumping exports sent Germany's economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers struggle at the sharp end of a global slowdown amplified by tariff conflicts and fallout from Brexit. Overall output fell 0.1 percent quarter-on-quarter, data showed on Wednesday. With pressure growing on a thus far r ...
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China to take countermeasures if U.S. imposes additional tariffs

Source: CGTN

Thursday, August 15, 2019

China will take necessary countermeasures if the Office of the United States Trade Representative imposes 10-percent tariffs on the remaining 300 billion U.S. dollars' worth of Chinese goods, warned a senior official of the Customs Tariff Commission of the State Council in a statement on Thursday. The move by the U.S. side seriously contravened the cons ...
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Chinese new subway cars start operation in U.S. Boston

Source: Xinhua

Thursday, August 15, 2019

New subway cars built by a Chinese company for Boston residents started their first run in the U.S. city of Boston on Wednesday. The first 6 of 152 cars started running on the Orange Line of Boston's subway system MBTA in the morning. For Boston residents, the new cars will increase the capacity of the line by 30,000 seats daily when all of them are fu ...
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Urbanization

Author:

Chen Gong

Publisher:

17 Days of the Disappearance of MH370

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Chen Gong

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THINK LIKE ANBOUND: UNDERSTAND CHINA AND THE WORLD

Author: Chen Gong and Others

Publication Date:November 2017

Publisher: China Financial & Economic Publishing House

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