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China is on the verge of utilizing all necessary means for the purpose of defending the interests of the country as well as its companies versus an American trade investigation, as a spokesman for the Ministry of Commerce told on Thursday.
On Monday, the ministry expressed great dissatisfaction with the recent American launch of the probe into China's hypothetical theft of American intellectual property, labeling it irresponsible.
The given probe happens to be the Trump administration's first direct measure versus Chinese trade practices that the White House along with American business groups tell are literally bruising US industry.
China's cabinet issued a bunch of guidelines to manage overseas investments, with key sectors encouraged as well as others limited or banned outright.
Mergers along with acquisitions by Chinese companies in countries closely connected with the Belt and Road initiative have been surging at a quick rate, even as the authorities take aim at China's acquisitive conglomerates to tame capital outflows.
China nearly quadrupled the overall value of fixed-asset investment projects officially approved in July in contrast with June because the Chinese government ramped up infrastructure allocations for the purpose of stimulating surge in the world's number…
The US dollar index is lower today moving to 96.50. On Wednesday, the index tested levels near 97 but couldn’t stick there.
In July, Japan's export surge speeded down more than anticipated due to the fact that shipments to America kept tumbling for a second straight month…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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