Chinese Academy Of Social Sciences News
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Israeli Prime Minister Benjamin Netanyahu came to China this week seeking more trade with the world’s second-biggest economy. While his hosts welcomed the overture, they were focused on the Middle East peace process.
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China has the option of selling to the public some assets from its $3.44 trillion foreign-exchange reserves, according to an opinion piece in Caixin Century Weekly, a Chinese magazine.
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China’s yuan rose for a ninth week, the longest winning streak since November, on speculation capital inflows will support the currency.
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China’s burgeoning middle class is buying diamonds so quickly that the price of mass-market stones is rising faster around the world than for top-quality jewels affordable only to the super-rich.
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A Chinese citizen was one of three people killed in the bomb explosion at the Boston Marathon on April 15, while a second underwent two surgeries to treat wounds suffered in the blast.
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Walt Disney Co. had little trouble raising money for its $4.4 billion Shanghai theme park after winning approval in 2009, as a dozen Chinese banks offered $2 billion of loans and promised more.
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China’s largest cities, including Beijing and Shanghai, tightened rules on home purchases after the nation asked local governments to step up efforts to cool the property market.
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China’s capital, Beijing, banned single-person households from buying more than one residence and increased the minimum down-payment for all buyers of second homes as the government seeks to cool the property market.
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Standing on a street corner near Foxconn Technology Group’s plant in central China that makes iPhone 5 handsets, employee Wang Ke says he’ll quit if his wage doesn’t double.
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Chinese stocks rose, extending the biggest one-day gain in two months, as a private survey showed manufacturing is expanding at a faster pace in March.
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