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PostPosted: 24 Apr 2018, 03:31 
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CHICAGO, Jan. 23 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose to a two-month high on Monday, as unease over economic policies of U.S. President Donald Trump pushed investors towards safer assets while the dollar fell.


The most active gold contract for February delivery rose 10.7 U.S. dollars, or 0.89 percent, to settle at 1,215.60 dollars per ounce.


Gold was given support as the U.S. dollar reacted to comments made by Trump during his inauguration speech on Friday. Trump told Americans that he intended to re-negotiate trade deals, potentially impacting global trade.


The U.S. Dollar Index, a measure of the dollar against a basket of major currencies, fell by 0.48 percent to 100.15 as of 1915 GMT.


Gold and the dollar typically move in opposite directions, which means if the dollar goes up, gold futures will fall as gold, measured by the dollar, becomes more expensive for investors.


The U.S. Dow Jones Industrial Average fell by 35 points, or 0.18 percent as of 1915 GMT. Analysts note that when equities post losses, the precious metal usually goes up, as investors are looking for a safe haven, while the opposite is true when U.S. equities post gains.


Traders are waiting for the release of the PMI marketing flash, and existing home sales on Tuesday, international trade in goods and weekly jobless claims on Thursday, gross domestic product, and durable goods orders on Friday.


After Trump's inauguration on Friday, investors have displayed increased uncertainty over the timing of the next Federal Reserve rate hike. Traders believe the Fed may raise rates from 0.75 to 1.00 during the March FOMC meeting at the earliest.


According to the CME Group's Fedwatch tool, the current implied probability of a hike from 0.50 to at least 0.75 is at 2 percent at the February meeting and 15 percent for the March meeting.


Silver for March delivery rose 15.4 cents, or 0.90 percent, to close at 17.186 dollars per ounce. Platinum for April delivery added 3.9 dollars, or 0.40 percent, to close at 979.90 dollars per ounce.

Graphics shows China's fiscal revenue rose 7.4 percent year on year to more than 17.2 trillion yuan (about 2.69 trillion U.S. dollars) in 2017. (XinhuaShi Manke)

BEIJING Authentic Mike Evans Jersey , Jan. 25 (Xinhua) -- China's fiscal revenue rose 7.4 percent year on year to 17.3 trillion yuan (2.7 trillion U.S. dollars) last year on the back of stronger-than-expected economic growth, official data showed Thursday.


The growth was markedly above the 4.5-percent rate in 2016, according to the Ministry of Finance website.


The central government collected more than 8.1 trillion yuan in fiscal revenue, up 7.1 percent year on year Authentic Jameis Winston Jersey , while local governments saw fiscal revenue expand 7.7 percent to top 9.1 trillion yuan.


The ministry attributed the strong growth to the country's improving economy, rising industrial prices, effective supply-side structural reforms, and other supportive policies.


The country's economy expanded 6.9 percent in 2017 Authentic Mike Alstott Jersey , with the pace of growth accelerating for the first time since 2011.


With the economy on a firm footing and fiscal revenue increasing, economists expect China to continue its efforts in tax reduction to lower business costs and sustain the strength of economic recovery.


Revenue from taxes expanded 10.7 percent year on year to 14.4 trillion yuan while that from non-tax incomes dropped 6.9 percent to 2.8 trillion yuan.


Income from value-added tax increased 8 percent year on year to 5.6 trillion yuan, while the corporate income tax and personal income tax both saw faster growth of 11.3 percent and 18.6 percent, respectively.


Last year DeSean Jackson Jersey , fiscal spending rose 7.7 percent year on year to 20.3trillion yuan. Expenditures on energy-saving projects rose 19.8 percent to 567.2 billion yuan.


China pledged to continue to implement a proactive fiscal policy in 2018.




BEIJING, Jan. 24 (Xinhua) -- China saw 17.2 million live births in 2017, the second year that all Chinese couples have been allowed two children, down from 17.9 million in 2016 Mike Evans Jersey , according to the National Bureau of Statistics (NBS).


The birth rate dropped from 1,295 to 1,243 per 100,000 population. The NBS attributed the decline to 2.5 million fewer couples having first children.


FEWER MOTHERS Jameis Winston Jersey , FEWER KIDS


The main demographic reason for the decline is a reduced number of women of childbearing age. According to Yuan Xin, a demographer with Nankai University, the number of women aged 15 to 49 keeps dropping -- by 4 million in 2017. Furthermore younger women are less inclined to have a baby.


Fewer first children clearly diminishes the effect of a second-child policy. Since 2016, all couples have been allowed to have two children Mike Alstott Jersey , bringing to an end to 40 years of single children.


A report published earlier this month by the Shanghai Women's Federation showed that over half of households with only one child did not want a second. Beyond demographics, the cost of having a child was chosen by 35.9 percent of those surveyed as the main reason for not having a child.


"It costs 20,000 (3,100 U.S. dollars) to 30 Tampa Bay Buccaneers Hats ,000 yuan a year for a family in a big city to raise a child from birth to college, not including the parents' opportunity cost, time and energy," said Liang Jianzhang of Peking University.


Economic pressure was followed by health concerns Tampa Bay Buccaneers T-Shirts , inadequate housing, career advancement and numerous other worries. A perceived lack of childcare facilities, quality education and medical care do not help matters.


Figures provided by the National Health and Family Planning Commission (NHFPC) showed that 18.5 million babies were born in hospital in 2016, the highest since 2000 and 1.3 million more than 2015. About 45 percent of them had an older sibling.


China's pop.


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