People's Daily Tonight: Podcast News (11/1/2018 Thur.)
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This is People's Daily Tonight, your news source from China.

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China advances to global top 50 in business climate: World Bank 

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China is now among the top 50 economies in the world for ease of doing business, due to a record number of reforms carried out last year.

That’s according to the World Bank Group in its annual doing business report.

The report says China has made rapid progress in improving its business climate for domestic small and medium enterprises in the past year.

It says China's reforms in areas including cutting administrative red-tape earned the country a spot in this year's top ten global improvers.

It also cites progress made in starting a business and getting electricity. (Xinhua)

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Trump says border troops could hit 15K, surprising Pentagon 

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US President Donald Trump said the number of military troops deployed to the US-Mexican border could reach 15,000.

That’s roughly double the number the Pentagon said it currently plans for a mission whose dimensions are shifting daily.

The Pentagon said “more than 7,000” troops were being sent to the Southwest border to support Customs and Border Protection agents.

The troop numbers have been changing at a dizzying pace, with Trump drawing a hard line on immigration in the lead-up to the midterm elections. (AP)

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DPRK, ROK halt all 'hostile' military acts near border 

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The Democratic People's Republic of Korea and the Republic of Korea on Thursday ceased all "hostile acts" against each other.

This, as part of efforts to implement the Pyongyang Declaration signed by the leaders of both countries.

The agreement was signed on September 19 during the third summit between DPRK leader Kim Jong-un and South Korean President Moon Jae-in.

The two sides have agreed to create a buffer zone in border areas aimed at preventing accidental clashes and avoiding war.

They will also start sports talks later this week to discuss co-hosting the 2032 Olympics. (CGTN)

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PBOC to issue $2.9b bonds in HK's offshore yuan market 

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Monetary authorities in China stepped up their efforts to bolster the supply and trade of renminbi in offshore markets.

This, amid sell-off concerns and growing trade friction.

China's central bank took decisive action on Wednesday by launching a new monetary policy tool in Hong Kong to soak up excess liquidity in the offshore markets.

It said it will issue the equivalent of $2.9 billion in the form of central bank bills in Hong Kong's offshore renminbi market on November 7 for qualified institutional investors from China and abroad. (China Daily)

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Peru arrests opposition leader Fujimori in money laundering probe 

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Keiko Fujimori, the head of Peru's opposition Popular Force party, was arrested on charges of money laundering stemming from illegal campaign financing.

A court order said she will be held in detention for 36 months as the investigation continues.

She was previously arrested in early October and detained for 10 days, because judicial authorities considered her to be a flight risk.

The daughter of jailed ex-president Alberto Fujimori is one of 12 people suspected of accepting 1 million U.S. dollars in illicit funding from a Brazilian construction giant to help finance her unsuccessful run for the presidency in 2011. (Xinhua)

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Divers recover jet's flight recorder on Indonesia seafloor 

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Divers on Thursday recovered a flight recorder from the crashed Lion Air jet on the seafloor.

That’s a crucial development in the investigation into what caused the 2-month-old plane to plunge into Indonesian seas earlier this week, killing all 189 people on board.

One TV station showed footage of two divers after they surfaced, swimming to an inflatable vessel and placing the bright orange device into a large container that was transferred to a search-and-rescue ship.

The Boeing 737 MAX 8 plane crashed early Monday just minutes after takeoff from the Indonesian capital Jakarta. It was the worst airline disaster in Indonesia in more than two decades and renewed concerns about safety in its fast-growing aviation industry. (AP)

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China's job market sees growth in Q1-3 this year 

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And China's job market grew steadily during the first three quarters of the year.

This, as the country's registered unemployment rate fell to 3.82 percent in September, the lowest since 2002.

A spokesman for the Ministry of Human Resources and Social Security said 11 million new urban jobs were created from January to September.

That’s 100,000 more than the same period a year ago. (China Daily)

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And that’s People’s Daily Tonight.  Thanks for joining us.

(Produced by David Nye and Chi Jingyi)