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...Sometimes this support takes the form of an implicit guarantee,” says Yan Yan, chairman of China Chengxin Credit Rating, a joint venture with Moody’s....
...Yet analysts agree with HSBC’s Qu Hongin that “liquidity in China remains more than ample”. Indeed, the rate at which banks lend to each other is dropping....
...If I’m roasting meat or grilling fish, I marinate the raw ingredients in Shaoxing wine, crushed ginger and spring onion to dispel unpleasant “fishy flavours” (qu xing wei)....
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