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Chinese give guarded welcome to spending subsidies
Chinese give guarded welcome to spending subsidies
by  AFP

Beijing is hoping subsidies for rice cookers, microwave ovens and smartphones can boost sluggish spending and help the country weather an economic storm from incoming US president Donald Trump.

World Bank plans $20 bn payout for Pakistan over coming decade
World Bank plans $20 bn payout for Pakistan over coming decade
by  AFP

The World Bank plans to loan cash-strapped Pakistan $20 billion over the coming decade to nurture its private sector and bolster resilience to climate change, Prime Minister Shehbaz Sharif said. Sharif said the World Bank funding would be used for "child nutrition, quality education, clean energy, climate resilience, inclusive development and private investment".

Nintendo rumour mill in overdrive over new Switch
Nintendo rumour mill in overdrive over new Switch
by  AFP

Speculation over Nintendo's new console, a successor to the wildly popular Switch, reached a fever pitch Thursday with specialist media predicting an imminent announcement from the Japanese gaming giant. A Nintendo spokesman told AFP on Thursday that there was "nothing we can share" regarding the announcement.

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