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China's PPI was up 1.7% and CPI rose 4.1% year-on-year in December.

The U.S.’ accusations of a lack of openness in Beijing’s military policy were “groundless and untrustworthy,” spokesman with the Ministry of National Defense Geng Yansheng said.

The threshold was raised to 55 U.S. dollars a barrel from 40 dollars from November 1;PetroChina will pay 30 billion yuan less in the windfall tax every year

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