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China urges industry to move inland
Beijing: China will intensify efforts to draw factories inland from crowded coastal regions, a government directive said, but warned officials to leave such decisions to companies.

The State Council, or cabinet, stressed the importance of relocating industry inland to keep manufacturing competitive and encourage job growth closer to the homes of China's vast rural population, which has long provided cheap factory labour.
Asia stocks near 1-month high
Singapore: Asian stocks hovered near one-month highs on Tuesday as investors awaited Chinese data, while the euro took a hit after a newspaper report rekindled fears about the weakness of European banks.
US hiring outlook dips slightly
New York: Job prospects have improved dramatically in emerging markets like China compared with three months ago, but the fourth-quarter hiring outlook dipped slightly in the United States and Germany, according to a quarterly survey by Manpower Inc.
Obama to lay out new economic plan
Washington: President Barack Obama will ask the Congress on Wednesday to increase and permanently extend a tax credit for business research as a way of boosting job growth, an administration officials said on Sunday.
     
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