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Tibet's GDP grows by 191 times from 1959...
Tibet's 2018 GDP reached 147.76 billion yuan (22 billion U.S. dollars), about 191 times more than the 1959 figure calculated at comparable prices, said a white paper released Wednesday by China's St
Trump's trade war cost U.S. economy $7.8...
President Donald Trump's trade battles cost the U.S. economy 7.8 billion U.S. dollars in lost gross domestic product in 2018, a study by a team of economists at leading American universities publishe
Philippines balance of payments position...
MANILA, March 16 (Xinhua) -- The Philippines' balance of payments (BOP) position for full-year 2018 posted a deficit of 2.3 billion U.S. dollars, "significantly higher" than the 863 million U.S. doll
Volkswagen launches efficiency program, ...
BERLIN, March 13 (Xinhua) -- Volkswagen will lay "important groundwork to sustainably strengthen its competitiveness" in 2019, the core brand of the Volkswagen Group announced on Wednesday. "The curr
CGN sees 14.02 pct growth in grid power ...
SHENZHEN, March 13 (Xinhua) -- China General Nuclear Power Corporation (CGN) generated 157.04 billion kilowatt-hours of grid power in 2018, up 14.02 percent, the energy group announced Wednesday. CGN
U.S. trade deficit soars to 10-year high...
WASHINGTON, March 6 (Xinhua) -- The U.S. trade deficit soared to 621 billion U.S. dollars in 2018, the highest in a decade, data released Wednesday by the U.S. Department of Commerce showed. The 68.8
Proposed tax cuts to cost Australia 100 ...
CANBERRA, April 9 (Xinhua) -- The Australian government's proposed tax cuts for middle and high-income earners will cost the nation 30 billion Australian dollars (21.3 billion U.S. dollars) per year
German chemicals firm Evonik turnover ri...
BERLIN, March 5 (Xinhua) -- Total turnover of Evonik increased by four percent to 15 billion euros (17.0 billion U.S. dollars) in 2018, according to data published by the German producer of specialty
Sri Lanka receives highest ever FDIs of ...
COLOMBO, March 19 (Xinhua) -- Sri Lanka received its highest ever foreign direct investments (FDI) of 2.37 billion U.S. dollars in 2018, up 38 percent from 1.78 billion U.S. dollars received a year e
HKSAR gov't expects annual surplus of 7....
The government of China's Hong Kong Special Administrative Region (HKSAR) is expected to have a surplus of 58.7 billion Hong Kong dollars (7.48 billion U.S. dollars) for the fiscal year of 2018-
Israel's pharmacy giant stock price drop...
JERUSALEM, Feb. 13 (Xinhua) -- Israel's Teva Pharmaceutical, the world's largest generic drugmaker, reported on Wednesday a 16-percent drop in revenue and a net loss of 2.94 billion U.S. dollars in t
China's auto, internet giants to invest ...
China's major automobile and internet companies, including Chongqing Changan Automobile, Alibaba and Tencent, are setting up a 9.76-billion-yuan (1.46 billion U.S. dollars) joint venture to invest in
Locked shares worth nearly 3 bln USD to ...
BEIJING, March 31 (Xinhua) -- Locked shares from 25 listed companies will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week. Calculated with Friday closing pri
Net profit of China's top liquor brand M...
China's leading liquor maker Kweichow Moutai said Thursday that its net profit saw a 30-percent rise in 2018. The company's net profit attributable to its equity holders reached 35.2 billion yuan (a
U.S. trade deficit shrinks in January
WASHINGTON, March 27 (Xinhua) -- U.S. trade deficit shrank to 51.1 billion U.S. dollars in January, the sharpest decline since March 2018, data released Wednesday by the U.S. Department of Commerce s
Croatia's gross external debt continues ...
ZAGREB, March 5 (Xinhua) -- The gross external debt of Croatia at the end of November 2018 was 39.1 billion euro (44.3 billion U.S. dollars), which is 1.9 billion euro (2.15 billion U.S. dollars) or
UBS to appeal after fined 4.5 billion eu...
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros (5.1 billion U.S. dollars) in penalties.
Hainan sets up multi-billion-yuan fund f...
SANYA, Feb. 25 (Xinhua) -- Southern China's island province of Hainan has launched a 3 billion yuan (449 million U.S. dollars) fund for free trade zone (FTZ) construction, local authorities said Sund
S.Korea's export falls 11.7 pct in Febru...
SEOUL, March 1 (Xinhua) -- South Korea's export posted a double-digit fall last month on weak demand for locally-made semiconductor, a government report showed Friday. Export, which account for about
Central bank continues to skip open mark...
China's central bank Friday skipped open market operations for the fifth trading day, citing abundant liquidity in the banking system. With 10 billion yuan (1.47 billion U.S. dollars) of reverse rep
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