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Economic News

From PopMart to JD.com: Britain and China rush to forge business deals as diplomatic thaw takes hold  

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02 February 2026
Chinese firms moved to pledge hundreds of millions of investment in the U.K. as Starmer's visit to China spurred a flurry of business deals and money flows. 
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Xi Jinping Pushes Renminbi Global Reserve Status

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02 February 2026
Xi Jinping has set out his most explicit vision yet for the renminbi to become a global reserve currency, framing the goal as central to China's ambition to reshape the international monetary system, The Financial Times reports.
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Warsh Push to Cut Fed Holdings Faces Obstacles

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02 February 2026
Kevin Warsh, tapped to become the next Federal Reserve chair, may want to significantly contract the central bank's multi-trillion-dollar balance sheet, but experts agree that financial realities strongly indicate accomplishing this goal will be difficult and slow, if it...
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China's factory activity grows at fastest pace since October, private survey shows, beating official reading

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02 February 2026
The RatingDog China General Manufacturing PMI, rose to 50.3 in January from 50.1 the previous month, in line with analysts' expectations in a Reuters poll.
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