Tag Archives: July

Forex reserves increase for the sixth consecutive month

China’s foreign exchange reserves grew for a sixth consecutive month in July, as a stronger yuan and strengthened oversight over outbound investment helped curb capital outflows.

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Investment in US will continue

China’s foreign direct investment (FDI) in the US totaled $14 billion last year, and a group of experts believes the trend is here to stay. “To our knowledge, Chinese companies have invested in at least 45 of the 50 US states, and they’re very much following the path of other foreign investors,” Thilo Hanemann, research […]

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Japan should face up to history

BEIJING – For the Chinese people, July 7, 1937 is a day etched on their minds. It was the day which marked the beginning of the eight-year-long China’s War of Resistance Against Japanese Aggression. Nowadays, the 1.3 billion Chinese people could still feel the pain, because of not only the atrocities of the aggression, but […]

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