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The International Monetary Fund said on Tuesday that it expects China's economy to grow 6.3 percent in 2019－up 0.1 percentage point from its prediction in January. Analysts said the world's second-largest economy is set to remain stable as authorities continue to implement supportive policies.

The Lao government hopes that the completion of China-Laos railway will bring powerful momentum to social and economic development, while the construction of the railway has already brought great changes in many areas along the route.

The Japanese government demanded that the ROK government rectify the top court's ruling, but it was simply unimaginable in the country with the independence of the judiciary and the separation of powers guaranteed, Kim added.

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The Intermediate People's Court of Liuzhou city in Guangxi Zhuang autonomous region made the ruling on Sunday.

The Made in China 2025 strategy is characterized by a switch from low-end manufacturing to more value-added production, with a focus on emerging industries. That calls for more highly skilled industrial workers.

The IMF managing director said it is already clear that global growth will turn "sharply negative" in 2020. "In fact, we anticipate the worst economic fallout since the Great Depression," she noted.

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The International Monetary Fund warned on Thursday that trade tensions between the US and China and some other countries could erode the confidence that is vital for global growth.

The Iran nuclear deal was inked by Iran with Britain, China, France, Germany, Russia, and the United States in 2015, following which Tehran curbed its uranium enrichment capacity to win sanctions relief in return.

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The MTR Corporation decided to suspend railway services on the active section and close some stations in consideration of the safety of colleagues, passengers, and railway facilities, said Lau.

The International Monetary Fund, the World Bank and the Organization for Economic Cooperation and Development have all made predictions for a deep recession in the global economy.