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China’s GDP growth at 6.7% in 2016 – NBS

China’s GDP growth at 6.7% in 2016 – NBS

But industrial output growth slowed for the year, down to 6 per cent from 6.1 percent in 2015.

Oil to hover around $50 average in 2017 – Saudi Arabia

Oil to hover around $50 average in 2017 – Saudi Arabia

International benchmark Brent Crude fell 1.35 per cent on Wednesday to $54.72 a barrel.

Russia depends on oil, which could slide – experts

Russia depends on oil, which could slide – experts

Russian analysts say GDP growth will improve as long as oil prices are above $40 a barrel.

Chinese foreign investments hit record high in 2016

Chinese foreign investments hit record high in 2016

But the rise in investments is dampened by a drop in exports.

Brazil slashes interest rates

Brazil slashes interest rates

There are expectations that the economy will struggle to grow above 0.5 per cent in 2017.

Xi calls for more intrusive anti-graft efforts

Xi calls for more intrusive anti-graft efforts

Go deeper to remove corruption, Xi tells Communist Party anti-graft monitor.

Ruble strengthens against dollar

Ruble strengthens against dollar

The Russian currency has gained about 24 per cent against the dollar in the past 12 months.

UK manufacturing soars

UK manufacturing soars

The drop in the pound against a basket of currencies has helped boost both domestic and foreign demand for goods manufactured in UK factories.

China rail to London boosts One Belt, One Road

China rail to London boosts One Belt, One Road

In 2014, China announced a $40 billion Silk Road Fund to strengthen connectivity in the Asia-Pacific region.

South Africa to hike petrol prices this week

South Africa to hike petrol prices this week

The rand weakened against the dollar since mid-December, while international oil prices continued to crawl upward.

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