CHINA

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China raises rates, shrugs off slowing growth

China raised interest rates for the third time this year on Wednesday, making clear that taming inflation remains a top priority even as the growth pace of its vast economy gently eases.
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China's Jiang Zemin Rumored Brain-Dead: Military Hospital Tightens Guard [VIDEO]

On July 1, Jiang was absent at an important event in Beijing commemorating the 90th anniversary of China's Communist Party.A few days later, an important figure was urgently hospitalized into 301 Military Hospital located in Beijing, China. The figure is reportedly the former Chinese leader Jiang Zemin, who was rumored to be in sickness since his last public appearance in Jiangsu on May 14th.
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China to reform rare earth exports after WTO

China will reform its export of rare earths based in part on World Trade Organization rules, state media reported on Wednesday, a day after the global trade governing body ruled against its curbs on exports.
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Wall St set to open lower on Portugal, China

Stocks were poised for a lower open on Wednesday after Moody's downgrade of Portugal's credit rating to junk and China's interest rate rise sparked jitters about global growth prospects.
China Facing Economic Troubles

5 Reasons China's Bubble Will Burst

China raised interest rates for the third time this year in response to rising inflation in the country. That's just one of the problems the world's second-largest economy faces.
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China raises interest rates again

China's central bank increased interest rates for the third time this year on Wednesday, making clear that taming inflation is a top priority even when as the economy slows gently.
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China bank stocks drop, euro steadies

Chinese banking shares fell for a second day on Wednesday after a sovereign fund unloaded a stake in two banks, flashing a cautious signal about risk even after the euro clawed back losses endured on Moody's downgrade of Portugal to junk status.
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Euro struggles and China banks fall on Temasek

Chinese banking shares fell for a second day on Wednesday, while the euro clawed back losses but was still seen at risk after Moody's slashed Portugal's credit rating to junk status, reigniting fears that it may need a second rescue package.
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Asian stocks ease, euro fragile as risk rally pauses

Asian stocks were off to a weak start while the euro remained fragile on Wednesday morning after Moody's slashed Portugal's credit rating to junk status and as investors take a breather after the past week's rally in risky assets.
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Get Sterilized, Win a Car in Rajasthan, India

In an attempt to counter high population grown in Rajasthan, India, health officials in the western state are launching a new campaign encouraging men and women to volunteer for sterilization

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