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Latest news about the state of the world economy.

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China to Simplify Investment Rules

China’s currency regulator has announced it will loosen rules and reduce red tape for foreign direct investment, the latest step in efforts to buoy slowing inflows. China’s State Administration...

France Loses AAA Credit Rating

Credit rating agency Moody’s Investors Service has downgraded France’s sovereign debt rating by a single notch from triple-A to Aa1, citing concerns over Paris’ competitive decline as well as...