The leadership of the world’s second largest economy has issued its growth plan for the next five years, underscoring its commitment to restructuring and layoffs in traditional heavy industry and job stimulus in the service sector.
Intellectual property (IP) is back in focus after US President Trump asked his trade office to look into the issue of China allegedly stealing American technology and IP, and eroding US firms' competitive edge.
Two of the world's biggest trading nations saw both exports and imports cooling lately. While Chinese trade growth in July slowed significantly compared with June, German exporters even suffered a surprise decline.
When India and Pakistan became independent 70 years ago, they were at the same level of development, with both equally poor and wretched. But the economic gap between them is growing.
Despite global sanctions over its weapons programs, North Korea's economy grew at its fastest pace in 17 years thanks to a jump in exports and increased production in mining and other industries.
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