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China holds 30% of world forex reserves

China´s foreign exchange reserves hit 2.4 trillion US dollars at the end of 2009, accounting for more than 30 percent of the world´s total.

The State Administration of Foreign Exchange says China´s forex reserves in 2009 increased by more than 23 percent year-on-year. China continued to be the world´s biggest stake-holder of foreign reserves for the fourth consecutive year amid the global economic recovery.

· Wang Xiaoyi, deputy head of SAFE: No big changes in China forex management; all operations are in line with its existing foreign exchange goal.

What´s behind the Obama-Dalai Lama meeting?

In 1991, President George H. W. Bush became the first US president to meet the Dalai Lama in public. There were 11 meetings between US presidents and the Dalai Lama before Barack Obama took office.
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World Expo: African pavillion starts decoration

The main structural project of the African Union Pavilion of the Shanghai Expo has been completed. Decorating of national areas has begun for 42 of the 50 African countries attending the expo. The decration is expected to be finished by March.
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Spring Festival holiday travel hits record

Transport authorities say during the seven-day Chinese Lunar New Year holiday, hundreds of millions of passengers were safely transported to their destinations. China´s Ministry of Transport says more than 270 million road trips were made during the holiday, up more than 10 percent over the same period last year.
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