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WASHINGTON, Aug. 14 (Xinhua) -- The U.S. trade deficit dropped to 58.1 billion U.S. dollars in June, the lowest level since February, the Commerce Department reported Tuesday. The June trade deficit w...

China's industrial output expanded by 18 percent in July, the National Bureau of Statistics said Wednesday.The bureau said more than 98 percent of the industrial products were sold in July, 0.03 perce...

KUALA LUMPUR - After a clean sweep in all five events at the 1987 world badminton championships, China had never repeated such a feat again. In 2006, China lifted four titles, only missing the target ...

President Bush and his senior advisor Karl Rove (R) walk towards Air Force One at Andrews Air Force Base outside Washington before departing for Texas August 13, 2007. [Photo: Reuters]Karl Rove, U.S. ...

Two South Korean female hostages are escorted after their release in Arzoo of Ghazni province, southwest of Kabul, August 13, 2007. (Xinhua/AFP Photo)KABUL, Aug. 13 (Xinhua) -- Two South Korean female...

SHANGHAI, Aug. 11 (Xinhua) -- Banks in Shanghai, an economic engine in east China, issued 5.87 billion yuan (775 million U.S. dollars) in loans for home buyers in July, a growth of 1.32 billion yuan, ...

BEIJING, Aug. 12 (Xinhua) -- China's high energy-consuming sectors such as iron and steel, nonferrous metals, chemicals and construction materials continued to lead the growth in power consumption in ...

GAZA, Aug. 13 (Xinhua) -- A spokesman for the Palestinian Islamic Resistance Movement (Hamas) Monday reiterated that his group was ready to open dialogue with Europe and hailed a call by Italian Prime...

Fire fighters rescue people at a travelling theme park set up in a town in the southern port city of Busan, about 450 km (280 miles) southeast of Seoul, August 13, 2007. A family of five fell to their...

The U.S. dollar plays an important role in the global monetary system and dollar assets are an important part of China's foreign exchange reserve, the central bank said Sunday. (File ...