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2011-08-23
Geely profits beat estimates
Geely profits beat estimates. Geely Automobile Holdings Ltd, whose parent owns Volvo Car Corp, boosted profit by 17 percent in the first six months as rising incomes in China increased car sales. Net income rose to 938 million yuan ($147
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2011-08-22
Chinese economy to grow 9.28% in 2011
Chinese economy to grow 9.28% in 2011. The Chinese economy will grow by 9.28 percent in 2011 if the United States can stay out of a double- dip recession and the eurozone can steer itself clear of a sovereign debt crisis this year,
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2011-08-22
China urges US to relax controls on high-tech exports
China urges US to relax controls on high-tech exports. ? Vice-President Xi Jinping Last?Friday urged the United States to take "concrete action at an early date" to relax restrictions on hi-tech exports to China. He also called on the US
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2011-08-22
Majority of U.S. districts see exports to China outmatch other markets
Majority of U.S. districts see exports to China outmatch other markets. More than 76 percent of U.S. congressional districts witnessed their exports growth to China outperform other markets, fresh evidence of the close trade ties between
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2011-08-22
US VP Biden encourages Chinese investment
US VP Biden encourages Chinese investment. US Vice-President Joe Biden said at a business roundtable event in Beijing on Friday that Chinese investment in the United States can provide jobs and economic opportunities. "President Obama and
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2011-08-17
China Remains a Magnet for FDI
China Remains a Magnet for FDI. China remains an attractive destination for foreign direct investment (FDI) despite a decline last month, experts said. FDI fell to $8.3 billion, with year-on-year growth of 19.8 percent, the Ministry of