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MARKET WATCH |
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| Authors: | HU YUE |
| Abstract: | China continues to shed its holdings of U.S. Treasury securities as the country aims to diversify its foreign exchange reserves. More U.S. companies are looking to solidify their footprint in China. Chinese exporters stage a comeback, as the ongoing Canton Fair witnesses increased deals. The e-commerce sector slows down due to seasonal factors. The Internet portal Sohu.com cashes in on stronger online gaming, advertising and search businesses. |
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