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China’s ballooning debt unnerves IMF

China’s budget and trade scolds should pause for reflection. Debt racked up by China’s government, companies and households will likely balloon to almost 300 percent of gross domestic product by early next decade, the International Monetary Fund projected in its annual review of the country’s economy. Big, for sure, and a risk to global financial stability. But anything less would ...

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Red-hot tech stocks lose some big supporters

The rally this year in US stocks has been defined by its lack of breadth. Put another way, without the eye-popping returns of a few high-flying technology stocks, the performance of the market would look very different—and not in a good way. So it’s more than a bit concerning when the so-called smart money starts to pull away from this ...

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Philippines courts China, Japan for $135 billion power push

Bloomberg The Philippines is seeking investment from China and Japan for $135 billion worth of power projects that President Rodrigo Duterte’s government is ready to fast-track. The Southeast Asian nation has held discussions with China, Japan, Russia and other countries about helping it boost generation capacity by 43 gigawatts in the coming decades to stabilize its power supply as the ...

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