China's economy is set to expand 7.5% in 2013: PBOC

Note: This section contains information in English only.
Source: RTT News
Performance of Chinese economy is set to improve this year compared to original estimates amid a notable pick up in the Q3 and it likely stays above 7% for the foreseeable future, the People's Bank of China Deputy Governor Yi Gang said on Thursday. Current economic growth of the country is forecast to record a 7.5% or 7.6% increase.

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Fri, 11 Oct 2013 11:16:03 GMT

Treasuries drop as U.S. debt ceiling debate continues

Treasuries declined on Friday falling from the strongest levels this week amid speculations that negotiations over the new debt ceiling in Washington may result in raising the debt limit in time avoiding the technical default. The benchmark 10-year government bonds were little changed at 2.68%, while the 2.5% security due in August 2023 was at 98 ½.

Fri, 11 Oct 2013 10:54:03 GMT

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