Female purchasing power helps balance China's economy
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SHENZHEN, China  - Waiting for a friend in Shenzhen's plush Kingglory Plaza, Chen Jing, 25, admires her new red Nokia mobile phone. Complete with 3G and MP3 features, the phone cost just over 3,000 yuan ($400) -- Chen's entire monthly wage.
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Good looks can help win elections, especially for women, research by Nordic economists suggests.
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A 1996 trade deal has given economic clout to Jordanian women; Egypt signed a similar deal Tuesday.
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Chinese police have intensified a crackdown on trafficking of women and children as increasing numbers of females are sold into marriage in areas where gender imbalances are growing, state press said.
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Men look for beauty, while women go for wealth when it comes to assessing future partners, researchers say.
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China is willing to promote flexibility of its currency, but it will keep the yuan "basically stable at a reasonable, balanced level," Vice Premier Wu Yi said on Thursday.
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Chinese inflation rose in February on the back of higher food costs, but economists said they did not expect price pressures to get out of hand despite breakneck growth and plentiful cash in the banking system.
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A financial portal is born in China.
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Dispatch: As part of its crackdown on growing graft, China recently gave wives of Communist Party officials a first hand look at the price to pay for lining their own pockets - prison
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BEIJING, March 12--China reported that its trade surplus in February surged ninefold from the same period a year earlier to $23.76 billion -- one of the highest monthly totals ever -- as top Chinese government officials reaffirmed promises to take measures to try to halt the widening gap.
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Chinaâs retail sales increased at the quickest rate in at least eight years on rising incomes.
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Chinese retail spending grew by 13.8% in August, helped by higher rural and urban incomes, official data shows.
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BEIJING, July 10 -- China's trade surplus with the rest of the world jumped to a record $26.9 billion in June, despite recent threats from Congress that it would impose punitive measures to control the trade imbalance between China and the United States.
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The pace of Chinaâs economic development is still strong enough to keep pushing up prices around the world for everything from oil to iron ore to freight shipping.
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Growing consumer spending levels in China have helped boost sales at two of the world's leading drinks groups.
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China's economic growth reaches its highest level in 13 years, with growth of 11.4% in 2007.
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The politically sensitive gap in incomes between China's booming cities and the poor countryside is widening