China rules out 'hard landing'
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Efforts to ease the Chinese economy off the boil are working but rapid exchange rate change is off the agenda, the Chinese president says.
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Beijing: China has assured its trading partners that it will not swamp the global textile markets after the abolition of quota restrictions from January 2005 and will take eight steps to ensure it.
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Chinese authorities on Saturday again declined to set out a time-table to make their currency more flexible on the world's money markets and said they had not come under international pressure to revalue the yuan.
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China is discussing what it means to be a major world power and has stopped denying that it intends to become one soon.
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China has less scope than before to raise interest rates and banks' required reserves, making it very tough for policy makers to steer the economy to a soft landing, Vice Finance Minister Li Yong said on Sunday.
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China on Tuesday denied a report that its military had hacked into Pentagon computers, saying the allegations were "groundless" and that Beijing was opposed to cybercrime.
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China&#39;s first plan for climate change  will seek to fortify the country against damage from global  warming but also against international pressure to cut  greenhouse gas pollution that Beijing calls the cost of growth.
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The head of China's central bank  said on Sunday Beijing's efforts to curb excessive credit  growth were bearing fruit, increasing chances the country's  booming economy would achieve a "soft landing."
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China told critics on Friday not to link the 2008 Beijing Olympic Games to political issues or boycotts, saying that any attempt to do so would be "inappropriate and unpopular".
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Defense Secretary Robert Gates said on Wednesday he did not view China as a strategic adversary of the United States despite Beijing's growing military budget.
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China, which for the first time  joined a meeting of top officials from the Group of Seven  countries this week, has no immediate plans to enter the rich  nations' club, its finance minister said on Saturday.
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President Hu Jintao ( è¡é¦æ¿¤ ) could ease China&#39;s hardline stance on Taiwan and Hong Kong now that his predecessor Jiang Zemin ( æ±æ¾¤æ° ) has retired but major policy changes are unlikely, analysts said yesterday.
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China released figures suggesting the economy is not decelerating as much as feared, easing concerns the government might have stepped too hard on the brakes.
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By Greg Autry  China recently shot down an aging Chinese weather satellite  --  a signal that China will not abide by the doctrine of U.S. space superiority outlined in the new National Space Policy released in October by the White House Office of Science and Technology Policy.
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China may provide some answers. Globalization can't hurt.
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China pledged to ``push ahead firmly and steadily&#39;&#39; toward a more flexible exchange rate without providing a timetable for the shift from a currency peg that is criticized by the Group of Seven industrial nations.
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China on Thursday denied targeting foreign government and military computer networks and said it has not been asked by any nation to investigate alleged hacking.