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Beijing’s big yuan ambitions

As 2018 gets underway, China seems to be on top again. The yuan has strengthened 6.8 percent against the dollar over the past 12 months and foreign-exchange reserves are growing. Not so fast. Remember November 2015, when the International Monetary Fund — with some fanfare — agreed to add the yuan to its prestigious special drawing rights currency basket. Talk ...

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Five things to watch on the global energy front

Five events from the previous year hold clues to what lies ahead for energy, technology and finance. Electric buses just keep on going: The southern Chinese city of Shenzhen has amassed a total of 16,359 electric buses, making its fleet bigger than the six largest North American combustion-bus fleets. Cities keep a close eye on their vehicle fleets: The Lion ...

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Britain’s unavoidable healthcare dilemma

Can a relatively low-tax country run a high-quality, taxpayer-funded health service that’s free to all? Britain’s National Health Service suggests the answer is no. The NHS is good at some things but bad, bordering on disastrous, at others. Its great virtue is truly universal coverage, no questions asked — and by international standards, the system is also cheap to run. ...

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