CHINA

eCommerce, gateway between Middle East and China

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Online markets can build more profitable business relations between China and Middle the East, told the CEO of a leading online exchange from the Middle East to an audience in Beijing at the China Internet Conference 2006.

Venture capital looks to find its global footing

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Faced with mounting pressures of doing business in Silicon Valley, the venture capital industry is going global, albeit in stops and starts that reflect the risks of doing business in foreign lands.
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U.S., China Differ on Timing, Not Goals: Paulson

The United States and China differ on how quickly they can resolve their economic disagreements, but not on the general goals, U.S. Treasury Secretary Henry Paulson said on Friday after meeting China's top two leaders.
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China Merchants Bank lists today

China Merchants Bank shares began to trade in HKex today after yestoday's hot off-board transactions which dark-price once jumped 11 yuan yestoday and closed at 10.6 yuan - far higher than its offering price of 8.55 yuan, and the Price-Book value ratio soared 3.19 time.
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FTSE 100 Climbs On Strong Results, Oil Caps Gains

Britain's FTSE 100 pushed ahead on Thursday, buoyed by strong results and bullish earnings forecasts, but gains were capped by continued weakness in crude prices, hitting oil heavyweights and utilities.
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World Bank Private Sector Arm to do More for Africa

The World Bank's private sector arm, criticised by civil society for investing largely in middle income countries, will ratchet up its projects in Africa and poor regions, the agency's head said on Wednesday.
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IMF and World Bank to pursue internal reforms

As the International Monetary Fund embarks on a second round of reforms to give developing countries more say in the institution, the World Bank signalled on Wednesday that it was ready to go the same route.
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China, India to Boost Africa's Economy

Africa'S deepening engagement with Asia's two economic giants-China and India-holds enormous potential for economic growth in Africa, according to a new report by the World Bank, released September 9.
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IMF to pursue internal reforms, World Bank to follow

An agreement to boost the voting power of emerging nations in the International Monetary Fund is just the start of a difficult process, the IMF's head said on Wednesday, as the World Bank signaled it was ready to go the same route.
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Juicy Couture Expands Into Asia

Clothing label, Juicy Couture said on Monday it is expanding by distributing its products to Asian countries as part of a partnership with Lane Crawford Joyce Group, an Asian international brand group.
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Trade Reps Support D.C. to Beijing Direct Flight

Former US trade representatives have urged the Department of Transportation to accept United Airlines' proposal to connect Washington D.C. and Beijing through direct commercial flights for the first time.
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Global Growth May be Cresting, IMF Warns

World economic growth may be cresting after the strongest showing in three decades, making it imperative that countries revive global, market-opening talks to tap the benefit of expanded trade, the head of the IMF said on Tuesday.
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Africa Must Welcome China - Mozambique's Chissano

Increased Chinese involvement in Africa should be welcomed, former Mozambique President Joaquim Chissano said on Monday, dismissing accusations that Chinese policies can encourage human rights abuses.
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Strong dollar in U.S. interest: Paulson

U.S. Treasury Secretary Henry Paulson said on Monday a strong U.S. dollar was in the interest of the United States and he was not seeking any quick fixes on China's currency situation.
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International Finance Corporation Refocusing on Africa

The World Bank's private sector arm said on Monday it hiked investments in the Middle East and Africa by 80 percent in the year that ended in June due to higher demand in those regions and it aims to do more in 2007. We are refocusing on these countries, International Finance
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G7 sees strong growth

The world's leading industrial countries are enjoying strong growth but face the risk of rising inflationary expectations, tight energy markets and spreading protectionism
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Taiwan Web site to close online music swapping

Taiwan online music file-sharing network Kuro has agreed to shut down its file swapping service and pay undisclosed damages to settle a recording industry lawsuit, the industry group behind the row said.
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Xinhua says it seeks no profit from media rules

China and its official Xinhua news agency defended new rules controlling foreign news organisations on Thursday, saying they are not aimed at commercial gain and will not give the agency unfair dominance.

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