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25 MINS AGO - Wall Street Journal
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China plans to shut down numerous small-scale enterprises in nearly a dozen industries, including dyeing plants, oil refineries and pesticide producers.
BMW said it would adjust its second-quarter China sales and production targets while Volkswagen reported a slight drop in March sales there, in the latest signs of a slowdown in the world’s largest car market.
China’s newly established Asian Infrastructure Investment Bank and its Silk Road Fund could help finance its spending plans in Pakistan.
Momentum behind the Pacific trade pact gives new energy to a bid to counter China’s influence in Asia.
Stock markets in the U.S., Europe and China are slammed by renewed fears of Greek exit from eurozone and weak corporate earnings.
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