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Exim Bank to Sign Financing Loan
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| Export-Import Bank of China (Exim) will borrow US$260 million from nine banks to support expanding trade financing and overseas investment by Chinese companies, according to Bank of China, which is arranging the loan. |
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Hopes to Eradicate Poverty by 2050
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| By 2050, 1.3 billion Chinese will live in a moderately developed society, with a minimum monthly income of US$1,300, an average life-expectancy of more than 80 years and social services available to all, according to a newly issued report.
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Russia Reaffirms One-China Policy
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| Russia said in a statement on Monday that it firmly opposes Taiwan separatism in any form and adheres to the one-China policy. |
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US Slammed for Playing up 'China Military Threat'
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| China has expressed firm opposition to a US defense review that plays up the "China military threat." Foreign Ministry spokesman Kong Quan told a press conference on Tuesday that China has lodged serious representations with the US on the matter. |
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SEPA Calls for Quick Reporting of Pollution
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| Pollution accidents must be reported within an hour after they are discovered, the State Environmental Protection Administration (SEPA) said yesterday.
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US Fraud Charges Prompt BOC to Tighten Internal Controls
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| The Bank of China (BOC) announced yesterday it would improve internal risk control systems after two former branch heads were charged in the US for defrauding the bank of US$485 million. |
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China Prefers Diplomatic Solution to Iran Issue
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| Chinese Ambassador to the UN Wang Guangya reiterated yesterday that China prefers diplomatic efforts to solve the Iranian nuclear issue. "China prefers to have the EU-3 (Germany, France and the UK) continue the negotiation with Iran to find a long-term solution on this issue," he said. |
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N. Korea, Japan Hold Bilateral Talks in Beijing
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| Negotiators from North Korea and Japan met in Beijing yesterday afternoon to discuss the normalization of diplomatic ties, and abduction and security issues. The talks continued on Sunday morning. |
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China Makes Record Int'l Patent Applications in 2005
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| China made 2,452 international patent applications in 2005 and became the world's 10th largest user of the Patent Cooperation Treaty (PCT), the World Intellectual Property Organization (WIPO) said in Geneva on Friday. |
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FM Maps Out Blueprint for EU-China Ties
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| Chinese Foreign Minister Li Zhaoxing, who met in Vienna Friday with the foreign policy troika of the European Union (EU), unveiled a blueprint for boosting relations between the EU and China for 2006. |
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