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Capvision probe 'isolated case' rather than consulting clampdown; no need for foreign firms to worry: observers

Chinese authoritiesโ€™ probe of leading consulting company Capvision is an isolated one for the purpose of safeguarding national security rather than an industry crackdown as some foreign media have hyped. Foreign firms, as well as others in the industry, donโ€™t have to worry as long as they abide by laws and rules, industry observers told the Global Times on Wednesday.

Thailand remains an attractive manufacturing base as more foreign firms shift operations there

BANGKOK (The Nation/Asia News Network): The first half of this fiscal year has seen many foreign companies shifting their manufacturing bases to Thailand and taking over up to 2,900 rai (464 hectares) of land in industrial estates.
South Korea Krung Thep Mahanakhon Veeris Ammarapala Industrial Estate Authority Of Thailand Nation Asia News Network Asia News Network

Afghan Taliban won't allow terror groups to harm regional security: joint statement

China, Afghanistan and Pakistan have stressed on the need of not allowing any individual, group or party, including the Tehreek-e-Taliban Pakistan (TTP), the Eastern Turkistan Islamic Movement (ETIM), to use their territories to harm and threaten regional security and interests, or conduct terrorist actions and activities,the three countries emphasized in a joint statement. The Chinese Foreign Ministry released the joint statement on Tuesday.
Qin Gang Ad Daw Ah Bilawal Bhutto Zardari Zhu Yongbiao Amir Khan Muttaqi Chinese Foreign Ministry

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Yuan's global march gathers momentum

On April 10, the Bank of Russia, the country's central bank, made a stunning announcement. The yuan/rouble pair hogged a record 39 percent share of trading on the Russian currency market in March, it disclosed. The figure in itself may not appear stunning, but when seen in the overall context, the tectonic shift currently underway in currency markets would become apparent.
United States Saudi Arabia United Arab Emirates Russian Federation Zhang Jingjing Xu Zaiyue

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