Consumer Price Index growth in most of the Chinese provinces slowed in January, underscoring the imminent deflationary risks for the economy.
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Domestic and foreign health and pharmaceutical companies will establish 208 programs and projects in Guizhou province, with total investments expected to reach 177.71 billion yuan ($28.42 billion), according to a news conference in Beijing on Monday.
The first traditional Chinese medicine to obtain market approval from the United Kingdom's Medicines and Healthcare Products Regulatory Agency can now be sold over the counter in the country.
The central bank's surprise interest rate cut over the weekend will be a shot in the arm for the flagging property market, with bigger cities getting the largest benefit, according to analysts.
With China predicted to become the world's largest retail market within the next five years and Alibaba Group Holding Ltd frequently in the news, global interest in the nation's retail industry has never been greater.
The nation is not importing things the way it used to. January imports plunged about 20 percent in dollar terms from a year earlier, caused in part by falling commodity prices - China is a big buyer - and the drag of a slowing economy on corporate spending.
What will happen in 2015? I cannot predict the future, but oil demand is clearly linked to economic growth. The International Monetary Fund expects the global economy to grow this year. So, global oil demand is expected to grow as well.
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