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May 25, 2017

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Ruling puts Taiwan on verge of being first in Asia to have same-sex marriage
Tom Cruise arrives in Taiwan for fourth visit
Water stoppage in parts of New Taipei this Saturday
Imported goods over NT$2,000 to be levied with customs duty
Duterte declares martial rule in besieged south Philippines
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Capacity cuts seen as opportunities for Rio
Rio Tinto Chief Executive Jean-Sebastien Jacques said he was not concerned that China's continuing fight against overcapacity in its steel sector would hurt the business of the mining behemoth.
Banks see little risk involving initiative
Credit risks in markets linked to the Belt and Road Initiative are under control, and major Chinese banks are building firewalls to ensure sustainable financing for overseas infrastructure projects, senior banking executives said on Thursday.
China-Africa trade enjoys 16.8 percent boost in Q1
China-Africa trade surged 16.8 percent year-on-year to $38.8 billion in the first quarter of the year, thanks to their deepening cooperation, said a spokesman for the Ministry of Commerce.
Culture is vital for the Belt and Road Initiative, Li Tao, a veteran in the internet industry and CEO of mobile internet startup APUS, said suggesting internet companies pay more attention to this when exploring foreign markets.
Reorganization, mergers gather pace in coal sector
Mergers and reorganization of China's central coal enterprises are speeding up, amid the government's effort to promote industry concentration and deepen supply-side structural reform.
Commercial Aircraft Corp of China Ltd, the Shanghai-based State-owned passenger plane manufacturer, said on Thursday that it plans to establish a multibillion yuan fund this year to support further research and development of aircraft components and related supply companies.
Earthquake kills eight, injures 23 in western Xinjiang: reports
An earthquake rocked China's western Xinjiang region on Thursday, killing eight people and injuring another 23 as more than 1,500 homes crumbled, state media reported.
China's auto sales shrank in April as demand for most types of vehicles wilted, an industry group said Thursday.
Li keeps China's focus on cutting excess capacity
China will continue retiring substandard production capacity-especially in steel and iron, coal mining and coal-fired power plants-to keep up with targets set for the year.
Belt and Road to tap local currencies, says PBOC's deputy governor
Belt and Road projects are encouraged to use local currencies in investment and finance to cut problems associated with exchange rate fluctuations, said Yi Gang, deputy governor of the People's Bank of China (PBOC).
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