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Individual housing loans on the rise
(11/8 17:11)
Individual housing loans in Shanghai jumped by 20 percent in the first half of this year, despite risk controls by local banks, the Jiefang Daily reported today.
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Two shop assistants wait for mobile phone customers at a booth with Dell Inc's logo at CyberMart on Huaihai Road E in Shanghai. A local newspaper said yesterday the firm has shut down its only shop in the city. -Shen Kai
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S. China city sees continued growth in trade volume
(11/8 17:07)
Guangzhou, capital of south China's Guangdong Province and an economic engine for the southern coastal area, processed US$20.55 billion in foreign trade in the first half of this year, a year-on-year growth of 31.7 percent, according to latest statistics from the city government.
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European economists: high oil prices alone not to hinder economic growth
(11/8 15:03)
As oil prices have broken one record after another on the international market, economists in Europe have divided views on how the high prices will affect the world economy, with many saying the rising oil prices alone could hardly hinder world economic growth.
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