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Move will see it compete with e-commerce giants
Investors seem fixated on price pressure markers
The U.S Department of Defense will remove China's Xiaomi Corp from a government blacklist, a court filing showed, clearing the way for any future American investment in the Beijing-based smartphone maker.
WHILE many central banks are still investigating the possibility of issuing a digital currency, China has rolled out a digital currency via a series of pilot programmes since last year.
BEIJING: More efforts are needed for China to have a far greater say in the cotton textile industry and participate more in setting prices and formulating standards, according to experts.
BEIJING: With the easing of the Covid-19 pandemic and vaccinations becoming broad-based, the growth rate of China’s foreign trade is likely to experience a high-speed expansion in the first half of this year and a relatively slower growth pace in the second half.
NEW YORK/LONDON: Commodity prices jumped, the dollar slid to a two-month low and major global equity indexes scaled record peaks on Friday after weak U.S. jobs data for April tamped down fears that a booming economy would spark inflation and higher interest rates.