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World Bank President: China's GDP growth expected to exceed 5% this year

Local time on April 10th, the 2023 spring meetings of the International Monetary Fund and the World Bank opened in Washington. World Bank Preside...

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Another bank to join the RMB cross-border payment system; The yuan is trading at a new high

According to Russian media reports on April 10, NBD Bank of Russia has joined CIPS, a cross-border RMB payment system. After joining the system, the p...

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A rapid recovery in China will boost regional and global growth prospects

According to the Asian Development Bank's Asian Development Outlook 2023 report released on April 4th, China's rapid economic recovery will boost regi...

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China's yuan has overtaken the euro to become Brazil's second largest international reserve currency

On Mar 31th, Brazil's central bank announced that the RMB had overtaken the euro to become the country's second largest internationa...

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Several countries announced voluntary cuts in crude oil production from May until the end of 2023

On April 2th, several oil-producing countries announced voluntary cuts in crude oil production from May to the end of 2023.Saudi Arabia announced...

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Saudi media: Saudi Aramco holds a 10% stake in Sinopec

On Mar 27th, Saudi oil giant Saudi Aramco revealed that it intends to acquire a 10 percent stake in a Chinese petrochemical company, pr...

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Supply chain crisis under the influence of inflation

The consumer price index rose 4.2% in April from a year earlier, the fastest pace since September 2008, and 0.8% in April from a month earlier, the bi...

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Port congestion caused by the continued rise in the rate of dumping cabinets

IRON OXIDE RED, IRON OXIDE PIGMENTS

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