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Fitch warns on risks from shadow banking in China
China's unregulated shadow banking sector poses an increasing risk to the country's financial stability that could spread to other countries, credit rating agency Fitch said on Monday.
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EU to seek WTO ruling against Chinese steel duties
The European Union plans to lodge a complaint with the World Trade Organization against Chinese duties on steel tubes used in power plants, EU sources said on Tuesday, opening another front in a rapidly escalating trade conflict with Beijing.
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China trade data underscores growth worries
China's exports posted their lowest growth rate in almost a year in May while imports unexpectedly fell, government data showed on Saturday, underlining concerns that growth in the world's second-largest economy could slow anew in the second quarter.
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U.S. Renews Iran Sanctions Waivers For China, India, Others
The United States has again exempted China and India from sanctions meant to compel countries to reduce their imports of Iranian oil.
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Senators renew push against China currency 'manipulation' despite yuan's rise
A bipartisan group of senators on Wednesday introduced legislation to give the United States new tools to fight currency manipulation, an effort aimed mainly at China, just days before President Barack Obama and Chinese President Xi Jinping will meet for an informal retreat.
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EU potential for social unrest is world's highest
The potential for social unrest in European Union countries is higher than anywhere else in the world and the already yawning gaps between rich and poor, a major trigger, are likely to widen globally, the International Labour Organisation said on Monday.
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U.S. Lifts Ban On Sale Of Communications Gear To Iranians
The United States has lifted a ban on sales of communications equipment to Iranians and opened access to Internet services and social media.
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Estonia eager to teach world about oil shale
Home to the creators of Skype and the first country to use online voting, Estonia relishes its image as a technological pioneer. But the tiny East European country's most far-reaching economic achievement could come from how it has learned to squeeze oil from a rock.
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