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Chinese Defense Minister Dong Jun took pointed swipes at the US for “hollowing out” Beijing’s One China policy on Taiwan and “misleading” a country in the South China Sea, taking a tough stance at his first global security forum in his new position. In his speech at the Shangri-La Dialogue in Singapore, Dong criticized Washington for its “salami-slicing ...
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Treasury investors got some relief yesterday simply from not getting shocking inflation figures in data released by the US Bureau of Economic Analysis. Both the headline and core measures for Personal Consumption Expenditure inflation, the Federal Reserve’s favorite index, were as expected in April and maintained a pace comparable to March. To markets that ...
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