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China rushes to launch rival to GPS

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“China’s BeiDou is the world’s BeiDou … In GPS satellites, they also measure time internationally, keeping global financial markets in sync by standardising and verifying the timing of transactions … ( read original story …)

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China to revise rules on foreign banks

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[Photo/VCG] BEIJING – China Banking and Insurance Regulatory Commission (CBIRC) on Wednesday unveiled a draft instrument on the regulation of foreign banks to solicit public opinions. The revision … ( read original story …)

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