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China’s economy grew 10.3 percent year-on-year in 2010 while inflation rose 3.3 percent from the previous year.

China and the United States on Wednesday agreed on $45 billion in U.S. export deals, including a 19 billion deal for Boeing aircraft.

China retained the first spot of U.S. foreign holding list with 895.6 billion U.S. dollars, even after November’s reduction.

China’s trade surplus in 2010 narrowed by 6.4 percent, largely driven by rising global commodities prices.

The suspension of central bill sales will slightly offset the negative impact caused by rising deposit reserves in banks.

Former Chinese central bank advisor suggested gradual appreciation of the yuan as one of the alternatives to ease inflation pressure.

The ECB left rates on hold at a record low of 1 percent, which has been unchanged since 20 months ago.

The Conference Board Leading Economic Index for China accelerated 0.5 percent in November to 155.4 (2004 = 100).

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