Between July to mid September, the volume of yuan-denominated cross-border trade totalled RMB70m, according to the People's Bank of China.
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29 per cent of organisations (Chinese and foreign owned) in China surveyed by American Express saw their travel and entertainment (T&E) expenditure increase in the last year (compared to 43 per cent for the previous year).
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The Chinese central government had invested RMB717 bn on "major public projects [this year] as of the end of August," according to a State Council report.
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China's gross domestic product grew 7.7 per cent year on year in the first three quarters of 2009, according to the National Bureau of Statistics.
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China Investment Corp, the nation's sovereign wealth fund, has closed the first phase settlement for the USD300m purchase of a 45 per cent stake in Russia's Nobel Oil Group, state media reports.
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| Keywords : CNOOC, Oil, Gold, Ghana, The Philippines, Russia, Overseas Investment, CIC, Sovereign Wealth Fund, SAFE, Copper |
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