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    Int’l household brands still ranked on top

    International brands of household and beauty products are increasing investment in China’s central and western regions in a bid to better compete with local brands.   Procter & Gamble Co,…

    China’s non-manufacturing sector expands slower

    17  January 2013 BEIJING — The Purchasing Managers Index of China’s non-manufacturing sector, a key economic indicator, dropped 2.6 percentage points to 53.7 percent in September, an official survey showed…

    Minister to deepen economic ties with Colombia

    17  January 2013 BOGOTA — Chinese Commerce Minister Chen Deming has led a government trade delegation to Colombia to strengthen bilateral economic and trade ties. During the two-day visit, which…

    Tourist sites overwhelmed by huge crowds during holidays

    17  January 2013 The extended national holidays and a decision to waive highway tolls have brought many tourist attractions to a virtual standstill since the beginning of the eight-day vacation.…

    ASEP-7 stresses sustainable development

    17  January 2013 VIENTIANE – Participants in the Seventh Asia- Europe Parliamentary Partnership Meeting in Lao capital Vientiane on Wednesday expressed deep concern towards sustainable development amid the complex and…

    ADB lowers forecast for GDP in China

    17  January 2013 ‘Global slump to remain a serious drag on growth’ The Asian Development Bank cut most of its 2012 and 2013 growth estimates for developing Asia on Wednesday…

    Passenger traveling across Straits up 15% during holidays

    17  January 2013 FUZHOU – The number of passengers traveling by sea between Southeast China’s Fujian province and Taiwan was up 15 percent during the first three days of the…

    ADB lowers China’s growth forecast to 7.7%

    17  January 2013 HONG KONG — The Asian Development Bank lowered its 2012 GDP growth estimate for China to 7.7 percent from 8.5 percent projected in April, whereas a soft…

    China takes up ‘sizeable portion’ of global growth

    17  January 2013 OTTAWA — China has contributed greatly to global economic growth, said a Canadian scholar in an interview with Xinhua on Tuesday. “For much of the 21st century…

    China to spend 4% of GDP on education

    17  January 2013 As part of the Chinese government’s overall plans for spending some 4 percent of the GDP on the education system, monitoring of the local government’s control of…