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China calls for calm after North Korea threats

China has called for “calm and restraint” after North Korea reacted to a new series of UN sanctions with vows of a nuclear strike and cancellation of peace deals with South Korea. “China calls on relevant parties to exercise calm…

China Expected to Replace U.S. as World’s Largest Economy by 2016

The balance of economic power is expected to shift dramatically over the next half century, with fast-growing emerging-market economies accounting for an ever-increasing share of global output, according to a new OECD report. Divergent long-term growth patterns lead to radical…

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