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Officials meet with Kachin rebels
YANGON | A Myanmar government delegation has held talks with representatives of a major ethnic rebel group with which it has had armed clashes since June, state-controlled media reported Thursday.
The state-run New Light of Myanmar newspaper said the high-level delegation met Tuesday with six representatives of the Kachin Independence Organization, led by its chairman, Zaung Hara - also known as Zawng Hkra - in Ruili in China’s Yunnan province.
The report said both sides agreed at the meeting to continue the initial peace talks aimed at a cease-fire and political dialogues.
Myanmar for decades has been at odds with ethnic minorities living in border areas who seek greater autonomy. A military junta that took power in 1988 signed cease-fire agreements with many, including the Kachins, whose state is in the north.
In recent years, however, as the central government has sought to consolidate its power, some of the pacts have been strained, and sporadic warfare broke out with the Kachins in June as the government tried to break up some of their militia strongholds.
Slowdown sparks scramble to shore up growth
SHANGHAI | China’s leaders are reversing their two-year effort to cool the economy, seeking to counter slowdowns in manufacturing and property that are dragging growth lower and threatening to spur unrest.
In the latest sign that the world’s No. 2 economy is weakening faster than thought, business surveys released Thursday showed manufacturing contracted in November for the first time in nearly three years.
That news came a day after Beijing moved to invigorate business activity by easing credit curbs, ending a long campaign to take some fizz out of the rapidly expanding economy.
China’s leaders had resisted easing lending curbs out of fear that opening the spigots might revive an outright investment boom and reignite inflation.
High living costs are risky for China’s communist leaders because they erode the economic gains that underpin the ruling party’s claim to power.
But slowing growth is another peril: Already news of labor unrest at factories in the south suggests that workers are being squeezed as exporters juggle tight credit and slowing demand.
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