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East Asia
G20 financial work on right track: PBOC
Zhang Huizhong – People’s Daily The People’s Bank of China (PBC) held a news briefing on September 1 and introduced the outcomes of the G20’s financial work. The briefing noted that China had worked closely with all G20 members towards an innovative, invigorated, interconnected and inclusive world economy, and tremendous…
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East Asia
China’s new starting point brings new opportunities to the world
After 38 years of reform and opening up, today’s China, standing at a new starting point, will continue to benefit itself and the world, read a commentary published by China’s official newspaper the People’s Daily on Monday to mark the ongoing G20 Hangzhou Summit. At this new starting point, China…
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East Asia
Great Wall to be repaired through crowdfunding
The 2016 Great Wall Public Offering project, initiated by the China Foundation for Cultural Heritage Conservation, officially opened its Tencent donation platform on Sept. 1. This is China’s first cultural preservation fundraising activity to utilize the Internet in such a direct, major way. At a press conference about the project,…
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Central Asia
Russia refuses entry to Armenian political analyst
Russian border guards have refused entry to a noted Armenian political analyst, RFERL/RL reports. Stepan Grigorian, director of the Yerevan-based Analytical Center on Globalization and Regional Cooperation (ACGRC), said on September 1 that he was told by Russian border guards that he has been barred from entering Russia until 2030.…
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East Asia
Lee Kun Hee Still Business Savvy
The AsiaN – Park Se Jun Samsung Electronics will issue a product recall for the “Galaxy Note 7,” the electronics giant’s new flagship, over the smartphone’s battery explosions. Since the first report of an exploding battery on the 24th, Samsung has kept a close eye on the situation. On the…
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West Asia
World Chess Olympiad started in Baku
The 42nd World Chess Competition started in Baku on September 1, Vestnik Kavkaza reports. The opening ceremony will last about an hour at the National gymnastics arena and the competitions will be held at the Sports and Concert Complex Baku Crystal Hall that was built four years ago. The opening…
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West Asia
Georgia enlisted as 3rd safest country in the world
Georgia has been named in the top three of the list of the world’s safest countries. Numbeo.com has surveyed 118 countries. As a result, the first three are the following countries: South Korea, Singapore and Georgia. The most unsafe countries were Venezuela, Papua New Guinea and Honduras. As Georgia’s neighbors,…
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East Asia
China adds 7 new free trade zones
Chinese authorities have decided to set up seven new free trade zones (FTZs) across the country, bringing the total number to 11 as China looks to replicate the success of previous trials. The new FTZs will be located in the provinces of Liaoning, Zhejiang, Henan, Hubei, Sichuan and Shaanxi as…
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East Asia
Japan-Turkey consortium building big plant in Turkmenistan
Consortium of Japan’s Kawasaki and Turkey’s Ronesans is constructing a big gas processing plant in Turkmenistan’s Ovadan to produce high-quality gasoline from natural gas, said the Turkmen oil and gas complex in a message Aug. 31, Trend reports. The project’s customer is the country’s Turkmengas State Concern. At the current…
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