CHINA

China domestic security spending rises to $111 billion

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China will increase spending on police, militia and other domestic security arms by 11.5 percent to $111 billion this year, figures released on Monday showed, ahead of a leadership succession that has kindled fear of instability.
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China cuts 2012 growth target to 7.5 percent, stability key

Chinese Premier Wen Jiabao cut his nation's growth target to 7.5 percent for 2012 to give the economy more room to slow down if needed while the government carries out promised economic and welfare reforms ahead of a looming leadership transition.
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Full Text of Obama AIPAC Speech 2012

Full Text of Obama AIPAC 2012 Speech

Read Obama's address to the American Israel Public Affairs Committee conference, where he talks about his commitment to Israel and the dangers of Iran's nuclear program.
People's Liberation Army China

China Boosts Defense Budget by 11.2 Percent

China will boost military spending by 11.2 percent this year, the government said on Sunday, unveiling Beijing's first defense budget since President Barack Obama launched a pivot to reinforce U.S. influence across the Asia-Pacific.
China military

China Boosts Defense Budget for 2012 by 11.2%

China will increase its defense spending by 11.2 percent this year, a government representative said on Sunday when the country disclosed its military budget. It will spend 670 billion yuan ($106.4 billion) on defense in 2012, which represents an increase of $14.4 billion over the $92 billion spent on the military in 2011.
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Nomura, George Soros cut stakes in Taiwan bank

Nomura Holdings and billionaire investor George Soros have cut their stakes in Taishin Financial to about 1 percent each from about 3 percent last year, marking the latest exodus by foreign investors from Taiwan's over-banked market.
The European Central Bank (ECB) President Mario Draghi

Greek Bailout, U.S. Nonfarm Payrolls Highlight Economic Tape Next Week

The week ahead will largely be defined by two major events. First, on Friday, the February U.S. nonfarm payrolls report will be released, providing important data about the economic recovery. Second, also on Friday, euro-zone finance ministers will hold a conference call to decide whether Greece can get its second, €130 billion ($175 billion) bailout.
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U.S. risks persist, China in good stead so far: IMF

A renewed drop in housing prices could thwart the U.S. economic recovery in the short term while Washington's lack of a credible, comprehensive fiscal plan poses a major medium-term risk, a top IMF official said.

Toyota's China Sales Rise Sharply in February

Toyota's February sales in China, where the auto maker aims to double business by 2015, went up 51.3 percent. Toyota is seeking to push its Chinese sales past 1 million units this year.

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