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Negative spillovers of dollar appreciation harm developing economies: IMF

US dollar appreciation has harder negative spillovers on emerging markets through both financial and trade channels than on advanced economies, read a report released by the IMF on Wednesday. ....

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Chinese internet shares jump on shot in the arm for healthy development of platform economy

Chinese internet stocks jumped on Thursday after Premier Li Qiang presided over a meeting with major domestic platform operators, as the central government s encouraging tone serves as a shot in the arm for the healthy development of the platform economy. ....

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Supervison on platform companies returns to normalcy, to speed up nation's economic recovery

China s leading fintech company Ant Group on Saturday announced to repurchase 7.6 percent of its own shares after being fined 7.12 billion yuan ($994 million) by Chinese regulators.
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Yellen arrives in Beijing; trip 'important' to keeping high-level communication lines open

US Treasury Secretary Janet Yellen arrived in Beijing on Thursday afternoon, kicking off a four-day ....

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Yellen arrives in Beijing; trip 'important' to keeping high-level communication lines open

US Treasury Secretary Janet Yellen arrived in Beijing on Thursday afternoon, kicking off a four-day visit to China as US-China relations stand at a critical point. While some US officials have downplayed their expectations for any major breakthroughs from Yellen s visit, Chinese experts believe that one major point of significance of Yellen s trip is to keep high-level communication channels open, which may help bilateral relations walk out of their downward spiral, while more time is needed for the two countries to rebuild mutual trust. ....

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