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However the country to underline its peaceful position pledged to cut 300,000 troops from the 2.3 million strong People’s Liberation Army.

While Yao Yudong, head of the People’s Bank of China Research Institute of Finance and Banking, last week blamed the Fed for the market turmoil and said a US hike should be delayed, most central bankers from emerging markets contacted by Reuters said it will be better if...

The relations between the US and China are not at their best today: the White House accuses Beijing of “economy manipulation”, none of the US presidential candidates backed the Republican bank decision to lower the yuan rate, and the Chinese hackers were accused of...

THE revised number for gross domestic product was initially reported at 2.3 per cent.

This time, battles over Planned Parenthood and education could lead to another standoff between the Republicans and the White House, and Heckscher doesn’t see the Fed making a move under threat of a shutdown.

Concerns over China’s slowing economy that sent global stock and commodity markets on a recent free fall are heightened by the opacity and conflicting signals from the country’s political leadership and its central bank.

Keith Berlin, director of global fixed income and credit at Fund Evaluation Group in Cincinnati, Ohio, said “markets have awakened to the realization that China’s growth story is not what it once was”.

The People’s Bank of China reformed the exchange rate formation system on August 11 to better reflect market development in the exchange rate of the Chinese yuan against the US dollar.

South Africa’s currency tumbled the most since October 2008 in thin Asia trading that exaggerated moves on Monday on concern lower prices for commodities, which account for more than half of the nation’s exports, will deepen as China’s economy slows.

The minutes to the July 28-29 meeting of the policy-setting Federal Open Market Committee, released last week, showed both a caution over still-low inflation and a concern over China’s economic malaise.

According to the study, some of the figures proposed may not be very reliable as organizations such as the European Union’s Emissions Database for Global Atmospheric Research used default conversion rates that are not applied in China. China is also the world’s...

Researchers suggested that none of the previous studies that taken this into consideration despite the fact that China is one of the major consumers of coal.

In 2013, for example, China’s total carbon emissions were 14% less than the figures used by the UN’s panel of experts tasked with providing the scientific framework for global climate talks, the research showed.

Authorities in southeast China ordered the evacuation of about 158,000 people and ships back to port ahead of the typhoon, which was expected to hit Fujian province on Saturday.

Typhoon Soudelor hit China’s east coast on Sunday, killing 14 people and forcing the authorities to evacuate hundreds of thousands more.