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Good morning, from cnn london, im max fofter. >> and a very good afternoon from cnn hong kong, im andrew stephens. youre watching "world business today." our top stories thursday, january 20th. accelerating into the unknown, chinas economy races ahead for concern about overheating. raises the prospect of interest rate hikes. china and the u.s. strike $45 billion worth of deals. and well tell you why shanghai is fast becoming the new land of opportunity for entrepreneurs. >> the european stoc...
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Chinese economy, big trading partner for europe, thats a concern here as well. all the main indices are down. the ftse down nearly 1%. this is whats happening in the currency markets, the euro is down a shade against the dollar. that is largely due to profit-taking we understand. one ye the pound is flat against the green backer. >> the news about china and weather the economy is overheating certainly rattling investors here as well, max. also, wall streets down day is sparking something of a se...