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The trial of a Chinese national accused of illegally mining more than US$65 million worth of gold in Indonesia has cast a harsh light on the nation’s “weakness” in tackling illicit mining operations and the alleged complicity of authorities, analysts say.
Philippine authorities have detained more than 250 people, most of them Chinese, in a raid on a suspected online scam farm in Manila, law enforcement officials said on Friday.
This year’s growth forecast for the Asean plus three economies – China and Hong Kong, Japan and South Korea – has weakened from 4.4 per cent to 4.2 per cent, “primarily due to adjustments for China and Vietnam”, according to the Asean+3 Macroeconomic Research Office (Amro).
“Many fear that today’s Ukraine could be tomorrow’s East Asia. Why did deterrence not work in Ukraine?” Ishiba told parliament.
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China stocks will keep rising after markets in the mainland reopen following the Golden Week break, analysts predicted.