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China's largest chipmaker SMIC to see more capacity after record sales revenue despite US crackdown

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global times China's largest chipmaker Semiconductor Manufacturing International Corp (SMIC) said the company's factory expansion is going smoothly and three projects, upon completion, will make its →

27-member bloc’s GDP falls behind that of China in 2021, EU data shows

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global times Chinas GDP has surpassed that of the European Union for the first time in history in 2021, one year earlier than previously estimated, as EU posted its whole-year GDP performance on →

New Zealand annual inflation rate reaches 30-year record high

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global times by AFP New Zealand's annual inflation rate soared to a three-decade high in 2021, driven by fuel price hikes and the country's red-hot property market, official data showed Thursday. →

In CEE automation is not destroying jobs, it’s creating them, study finds

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​emerging europe​​​ Robot adoption has not led to massive job losses, instead reducing the risk of layoffs and increasing the chances of finding jobs, especially in the Central European states of →

The IRS Is Making It Easier to File Your Taxes

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​ national interest​​​ by Peter Suciu The thought of filing taxes fills many Americans with dread. Taxes are even more stressful and complicated for gig and self-employed workers. Fortunately, the →

Fed flags rate hike 'soon,' plans for significant balance sheet reduction

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reuters By Howard Schneider and Ann Saphir The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March and reaffirmed plans to end its bond purchases that month as →

Xinjiang's regional economy grows 7% in 2021, with grain output hitting record high

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global times Northwest China's Xinjiang Uygur Autonomous Region reported better-than-expected economic growth in 2021 despite the ongoing COVID-19 pandemic. The region's stellar economic performance →

The Federal Reserve Cannot Fight Inflation Alone

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​national interest​​​ by Desmond Lachman Yesterday, in reviewing his administration’s economic challenges, President Joe Biden did Americans a great service by finally recognizing that the United →

S. China’s Guangdong marks milestone as GDP exceeds 12T yuan

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global times South China's Guangdong Province, a major economic powerhouse in the country, has reached a new milestone, as its GDP reached 12.4 trillion yuan ($1.95 trillion) in 2021, making it the →

China’s GDP grows at 8.1% in 2021, the fastest in nearly a decade

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​global times​​​ By Li Xuanmin China's GDP has expanded at 8.1 percent in 2021, growing the fastest in nearly a decade and landing well above the government's annual target of achieving a growth rate →

The Ice Age: Russia and China’s Energy Cooperation in the Arctic

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​carnegie​​​ China has become Russia’s main foreign partner on liquefied natural gas (LNG) production projects in the Arctic, a development for which a number of political and commercial factors are →

China's first PPP high-speed railway to open on Saturday in Zhejiang

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global times The Hangzhou-Shaoxing-Taizhou inter-city railway in East China's Zhejiang Province, the first Chinese high-speed railway controlled by private capital, will officially begin on Saturday. →

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