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Last year, 5,052 illegal fundraising cases occurred in the country, down by 2.8 percent year-on-year. The money involved also dropped by 28.5 percent to 179.55 billion yuan.

Last year, 1.26 million new energy vehicles were sold in China, up 61.7 percent year-on-year, and the figure is expected to reach 1.6 million this year, according to the China Passenger Car Association.

Last month, Huawei received government approval to build a 1 billion pound (.26 billion) research facility in the UK. Officials said the facility has been envisaged as the international headquarters of the company's fiber optic communication business.

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Large quantities of ash and burnt material could pose a threat to the quality of water in the dams if the fires are followed by heavy rain.

Large businesses-those with 500 or more workers-added 27,000 jobs in November while mid-size companies-those with 50 to 499 employees-added 29,000 new workers.

Last week, Boeing Co reported a nearly billion loss for the second quarter, its worst loss ever for the US aircraft manufacturer. It delivered 104 fewer airplanes to customers compared to the same quarter last year.

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Last month, The Telegraph reported that the UK government had decided to allow the use of Huawei kits, with various restrictions in place. The Telegraph received the information via a leak from a top-level security meeting. Gavin Williamson was fired from his position as UK defense secretary following an investigation into the leak.

Last week's credit-rating downgrade by S&P Global Ratings reinforced an argument endorsed by hedge-fund titans Kyle Bass and Jim Chanos: The risks to financial stability and the economy from strong credit growth are mounting.

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Last year, China eliminated coal production capacity by over 290 million tonnes and plans to slash coal production capacity by at least 150 million tonnes this year.

Large fiscal and foreign exchange reserves and the government's control of parts of the economy and financial system lend effectiveness to measures aimed at stemming financial stability risks, it said.