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BEIJING, Dec. 24 (Xinhua) -- The government will increase financial support for Chinese companies investing and operating overseas, or going global, an official statement showed Wednesday. Better financing can make more use of excess production capac

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Chinese vice premier arrives in Britain for visit

EDINBURGH, Britain, Jan. 9 (Xinhua) -- Chinese Vice Premier（副总理 ） Li Keqiang arrived here on Sunday for a four-day official visit to Britain. Upon his arrival, Li said in a statement delivered at the airport that recent years have seen stea

U.S. stocks achieve weekly gains

NEW YORK, March 25 (Xinhua) -- U.S. stocks advanced on Friday, the sixth gain in the past seven sessions, as more evidences in domestic(国内的) economic recovery offset uncertainties from overseas. The Dow Jones industrial average（道琼斯指数）

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China's economy will expand by around 6.5% year-on-year in 2017, and Consumer Price Index inflation will moderately rise to 2.2%, according to forecasts in a blue book released by the Chinese Academy of Social Sciences (CASS) last Monday. 中国社科院

G20会议提振经济信心

As part of a joint declaration issued after the sessions, the Finance Ministers and Central Bankers have agreed that stimulus measures will continue to be needed to try to spur growth. All have agreed that the global economy needs to look beyond ultr

Obama Speaks to Jobs Council

President Obama on Thursday presided over the first meeting of his new Council on Jobs and Competitiveness. During a more than hour long session（会议,开庭）, Mr. Obama told its members they have an important mission to help build American's co

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Obama calls for debt reduction in balanced manner

Obama calls for debt reduction in balanced manner WASHINGTON, Nov. 9 (Xinhua) -- The United States should cut its mounting public debt in a balanced manner with a plan including both government spending cuts and revenue increases, U.S. President Bara

European Leaders Discuss Eurozone Debt Crisis

French and German leaders met with Italy's new prime minister Thursday, promising to change EU treaties to allow for closer financial integration. They hope such changes will prevent future economic problems like the current eurozone debt crisis. Fre

Bill to Raise US Debt Ceiling Advances

The U.S. House of Representatives has passed a bill tying an increase in the federal borrowing limit to deep spending cuts, limits on future spending, and a proposed constitutional amendment requiring a balanced budget. The Republican-sponsored measu

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Francisco Dornelles, the acting governor of Rio de Janeiro state, declared a state of financial disaster in an effort to change budgetary priorities without disrespecting Brazil's fiscal laws. 里约热内卢州代理州长弗朗西斯科多内莱斯近

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China is mulling to lower the threshold for cities applying for urban rail transport construction, a move that analysts say may draw more than one trillion yuan investment while bolstering ailing economic growth. 我国正考虑下调建设城市轨道

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Now everyone will love her again. 现在所有人都会再次喜欢她。 Chris Cillizza of the Washington Post, in his postmortem on the election, wrote that although as a candidate Hillary Clinton was never able to show that she was something more

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China will help 100m migrants settle in cities to expand urbanization, the country's cabinet announced last Tuesday. 国务院上周二宣布，为推进城镇化进程，我国将帮助1亿外来人口在城市落户。 The government plans to annua

Central bank to keep monetary policy stable

BEIJING, Dec. 27 (Xinhua) -- China's central bank said Thursday it will continue to implement a prudent monetary policy next year and pay close attention to potential financial risks. The People's Bank of China (PBOC) said in a statement that it will

Obama Proposes $3.8 Trillion Budget

President Barack Obama says the 2013 fiscal year budget he sent to Congress on Monday will reduce deficit spending in a balanced way by $4 trillion over the next decade and require wealthy Americans to contribute more, while preserving investments to

Obama Proposes $3 Trillion Deficit, Debt Plan

Presenting his second major set of economic proposals in 10 days, President Barack Obama has unveiled a plan for more than $3 trillion in spending reductions over the next decade, saying all Americans, and specifically the wealthy, will be asked to s

Obama's Next Campaign: More Taxes for Rich Americans

Obama's Next Campaign: More Taxes for Rich Americans WHITE HOUSE President Barack Obama's re-election campaign may be over, but his economic campaign continues. The president is appealing to business and labor leaders, lawmakers and the public to pre

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LOS CABOS, MEXICO - President Barack Obama is welcoming statements by Europe's major economic powers that they will work toward a plan for growth and an integrated banking system. The president spoke Tuesday, at the end of the annual Group of 20 econ