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Big lenders get stringent on mortgage loans

Major State-run lenders started to become more stringent on mortgage loan disbursements, after the recent government warning on the inherent risks in the sizzling realty market and the need to…

Chinese Central Bank Sees European Debt Crisis Threat to Global Recovery

Europe’s debt crisis is a threat to the global economic recovery and sovereign risks in some countries could still emerge, China’s central bank said today. Concerns about European government debt…

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