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China's foreign exchange (forex) reserves totaled $3.201 trillion as of the end of April, down by $44.8 billion, or 1.38 percent, from the end of March, according to data released on Tuesday by the State Administration of Foreign Exchange (SAFE). The largely stable results, announced as some Asian countries posted the largest declines in their forex ...
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As tensions rise in the South China Sea and the threat of a war over Taiwan becomes more palpable, the US Pentagon is stepping up its regional defense diplomacy in a potent challenge to China’s rising regional threats and ambitions. Last week, US Secretary of Defense Lloyd Austin hosted counterparts from Japan, Australia and the Philippines for what is ...
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