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The country's foreign exchange reserves expanded slightly to .1072 trillion at the end of August, up by 0.1 percent from the end of July, previous data showed.

The crux of their territorial dispute lies in legality, said Feng, adding, "They need to figure out in what name the two islands would be transferred."

The crisis quickly emerged as one of the largest data breaches on record. By comparison, last year's startling Equifax hack affected more than 145 million people.

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The country's core CPI, which excludes food and energy prices, rose only 0.9 percent year-on-year last month, 0.2 percentage point lower than the previous month, according to the NBS.

The credit rating agency announced that it was cutting China's long-term local currency and foreign currency issuer ratings by one notch from Aa3 to A1, citing the expectation that China's financial strength would erode due to rising economy-wide debt.

The death toll also increased to 1,266 after 11 more patients succumbed to the viral disease, the DOH added.

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The currency's robust performance was the result of a weaker dollar, sound economic fundamentals, improved regulation on capital flows, a relatively tightened monetary environment and increased global use of the currency, said analysts.

The court said sentencing will be announced later.

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The court verdict said that between 1995 and 2013, Mao took advantage of his various official positions to seek benefits regarding project contracts, stock acquisitions, purchasing and sales of products and real estate developments on behalf of others.

The county also ordered all illegal gas stations to be closed and demolished.