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Business Beat: Kenya's manufacturing sector losing out to China, India - report
A surging current account deficit, lack of competitiveness and low productivity are stunting Kenya's manufacturing sector growth. This has reduced the sector's capacity to create new jobs, making Kenya lose her place in the international market
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Business: Kenya's manufacturing sector losing out to China, India - report
A surging current account deficit, lack of competitiveness and low productivity are stunting Kenya's manufacturing sector growth. This has reduced the sector's capacity to create new jobs, making Kenya lose her place in the international market
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Obamas pro-trade allies fight claims about Chinas currency manipulation
U.S. President Barack Obama. Pic: AP. WASHINGTON (AP) Supporters of President Barack Obama’s trade agenda are battling opponents’ demands that China be barred from keeping its currency value artificially low. Such “currency manipulation” can subsidize exports by making local products more affordable to foreigners. The accusations frustrate and challenge Obama’s allies on ...
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Business: China to strictly regulate online commerce
China's market regulator said Monday the government will strictly regulate online commerce, amid a heated public dispute over China's largest online shopping platform Taobao.com which was found to match-make transactions of a great number of shoddy commodities.
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China is Obama's trump card in push for Pacific Rim trade pact
WASHINGTON As the White House looks to wrap up years of negotiations on a highly contested Pacific Rim trade pact, administration officials are increasingly casting the agreement as vital to helping the U.S. face its most daunting economic rival: China.
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DBS, CIMB elbow out global rivals in share sales: South-east Asia
[SINGAPORE] South-east Asian banks are overtaking some of the biggest international securities firms in managing regional stock sales, capitalizing on corporate banking relationships and bigger balance sheets to win deals.
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China's Feb trade surplus reaches new high
CHINA'S trade surplus hit a record high last month as exports surged on better global growth and imports remained weak, underlining the inherent weakness in domestic demand.
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China to enact new anti-graft law
CHINA plans to enact specific legislation to fight corruption, the head of the country's parliament said on Sunday, as the government continues its campaign against graft.
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China trade surplus hits record
Data show monthly trade surplus hit new peak of $US60.6bn in February.
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China exports jump but worlds No 2 economy not out of the woods yet
Analysts expects more policy support for economy as slide in imports points to persistent weakness
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China Feb trade surplus hits record US$60.6b
[BEIJING] China's monthly trade surplus hit US$60.6 billion in February, the government said Sunday, a new record for the world's second-largest economy.
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China to implement new anti-graft law
[BEIJING] China plans to enact specific legislation to fight corruption, the head of the country's parliament said on Sunday, as the government continues its campaign against graft.
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China speeds up drafting anti-corruption law
China plans to develop national legislation to fight corruption, according to a report delivered by top legislator Zhang Dejiang Sunday. The country will also work out revisions to the Law on Administrative Supervision, said Zhang, chairman of the National People’s Congress (NPC) Standing Committee, while delivering a work report at the ...
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China February trade surplus hits record
BEIJING - China's monthly trade surplus hit 370.5 billion yuan (around $59 billion) in February, the government said Sunday, a new record for the world's second-largest economy.
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Foreign banks tighten lending rules for China state-backed firms
Some banks are adopting stricter lending criteria for China's state-owned enterprises (SOEs), demanding collateral from some companies they used to deem as safe as government debt, as Beijing tries to reform its bloated firms and the economy slows.
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China says aims to finish Asian free-trade talks by Dec
China will continue to unswervingly push forward and quicken the pace of Chinas free-trade agreement strategy
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China flags wider fiscal deficit as the economy cools
CHINA will pursue an expansionary fiscal policy this year to prevent its economy from stalling, Finance Minister Lou Jiwei said on Friday as he assured investors that the authorities are keeping an eye on heavily indebted local governments. Asked how China would manage its rising debt levels as its ...
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China says to 'accelerate' three-way trade talks with S. Korea, Japan
Chinese Commerce Minister Gao Hucheng said Saturday that Beijing will "accelerate" negotiations this year with South Kor
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Business: China issues new 4G licenses
China's telecom authority on Friday granted 4G licenses to two operators.
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China fiscal policy to help avoid sharp growth slowdown: Finance Minister
[BEIJING] China must implement an expansionary fiscal policy this year to help prevent a sharp slowdown in the economy, Finance Minister Lou Jiwei said at a news conference on Friday.
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China's Xi speaks of S. Korea's anti-graft law: state media
In South Korea, politicians have given mixed responses to a new anti-corruption law, but the law has appeared to have dr