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China’s industrial sector achieved proper growth in July, during which time value added of industrial enterprises went up 6 percent year-on-year, the same growth pace compared to the previous month.
Chinese President Xi Jinping shakes hands with Nepali President Bidya Devi Bhandari in Kathmandu, Nepal, Oct 12, 2019. Xi arrived in Kathmandu on Saturday for a state visit to Nepal. [Photo by Xie Huanchi/Xinhua]
China, which holds more than .1 trillion of US Treasuries, is America's largest foreign creditor, said a CNBC report.
China's strong demand for coal is a major driver behind the rising shipping rates, said Tang, adding that coal contributed 1 billion tons in domestic and foreign trade last year.
China’s plan to use yuan to pay for oil comes amid a more than year-long gradual strengthening of the currency, which looks set to post a fifth straight quarterly gain, its longest winning streak since 2013.
来源：资阳报