Monthly Archives: October 2010

China’s economy cools in third quarter

NEW YORK (CNNMoney.com) — China’s economic growth slowed for the second quarter in a row, cooling fears that its economy is growing at an unsustainable pace. China’s gross domestic product, the broadest measure of economic output, grew at an annual … Continue reading

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G-20 pledges to refrain from currency wars

NEW YORK (CNNMoney.com) — A group representing the world’s most prominent finance ministers wrapped up a two-day meeting in Korea Saturday with a pledge to not engage in currency wars or other economically protectionist policies. The ministers from the so-called … Continue reading

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Report: China to shut down hundreds of smaller coal mines

(CNN) — China closed 1,355 small coal mines this year, according to Xinhua, the country’s state-run press agency. The effort is part of a larger plan to restructure the mining industry to prevent deadly accidents and reduce greenhouse gas emissions, … Continue reading

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Can Wen bridge the China-EU divide?

CNN — Haunted by a protectionist trade bill from the U.S. Congress and escalating tensions with Japan, Chinese Premier Wen Jiabao set course to Europe, eager to compensate for diplomatic wrangling on the Eastern front by making progress in the … Continue reading

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