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MARKET WATCH
Authors:HU YUE
Abstract:China slashes import duties on 33 items,a move expected to stimulate imports and benefit a series of relevant sectors.Growth of industrial profits is slowing down due to costs inflation and tightening monetary policies.Foreign banks operating in China see a rosy future for their businesses.Mounting debt poses risks to local governments.By closing 56 unlicensed express delivery firms,China aims to streamline the crowded and chaotic industry.Suning takes majority control of the Japanese company Laox as the Ch...
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