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WHEN President Hu Jintao visited Malaysia on Nov 11-12, he was greeted with all the pomp and ceremony that symbolised his personal and nation's immense importance. Such a grand treatment is only natural given China's increasing influence on Malaysia's economy and her fast ascent as an economic powerhouse.
SHANGHAI: China's central bank has circulated new rules for companies which make yuan-denominated loans to overseas entities, sources with direct knowledge of the matter said, the latest in a slew of measures by Beijing to control capital outflows.
BEIJING: Further details are emerging on how China would increase imports from the U.S. by as much as $200 billion over the next two years in order to meet its commitments under the phase one trade deal signed last week.