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Chinese economists believe that a US debt default is unlikely, but they warned that the US government should reduce excessive expenditures and avoid a deeper economic crisis. Home away from home investment As China's house prices have begun to stall against a background of intensifying government curbs - some real estate brokerages have received an increasing number of enquiries from moderately well-off citizens about investing in overseas properties. |
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Forty-nine newspaper groups can go public gradually after completing reform of their operating assets and 10 others are making preparations this year. China indices likely to shrug off Dubai debt woes Dubai's debt problems may be sending world markets sliding, but the tumble in stocks in Shanghai and Hong Kong is not expected to extend into this week, according to financial analysts. |
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Instead of lying low to ride out the economic tsunami, Bosideng is moving to consolidate its lead in branding, ferreting out overseas acquisition opportunities and improving quality. China to support overseas investment China will increase its financial support on enterprises to invest overseas and widen overseas investment scope. |
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President Hu Jintao wrapped up an airtight two-day inspection tour of quake-ravaged Sichuan province yesterday, showing concern for the survivors and surveying the reconstruction work as winter sets in. While developed countries are busy shutting down incinerators, Chinese governors seem to see burning rubbish as the last resort in a losing battle. |
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Nationally unified dairy product safety standards will be announced in the later half of 2009, after melamine-tainted milk killed six infants and sickened about 30,000 others last year. Consumer prices likely to soften in Feb China's two key price barometers, the producer price index and the consumer price index, are likely to register declines in February, analysts said. |
