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        China's RMB embarks on new journey towards global reserve status

        China's RMB embarks on new journey towards global reserve status

        China's currency, the renminbi (RMB), is breaking the financial world's ultimate glass ceiling and embarking on a new journey towards global reserve status when it formally joins the elite currency club of the International Monetary Fund (IMF) on Saturday.

        Macro

        Chinese economy stabilizes but risks still lurk

        Chinese economy stabilizes but risks still lurk

        Growth in China's August rail freight volume and a surge in industrial profits are among the encouraging data that reinforce a message of economic stabilization, analysts said, but risks remain.

        Trade

        In-depth

        Investors better to remain coolheaded about Chinese economy

        Investors better to remain coolheaded about Chinese economy

        Billionaire investor George Soros was found to have invested in China's fifth biggest state-owned lender, which raised a public uproar as many still remembered that Soros has never stopped bad-mouthing China's economy.

        China's FTZs drive new opening up, mull deeper reforms

        China's FTZs drive new opening up, mull deeper reforms

        The FTZ is a testing ground for new policies to facilitate investment and trade, characterized by bolder measures and wider opening up.

        China's air market flying high, headwinds remain

        China's air market flying high, headwinds remain

        With China's air industry development gaining speed, aeronautical specialists say the sky is the limit for aviation in the world's most populous country.

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