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...Bank of Communications, another large bank, reported on Wednesday that its property bad loan ratio increased from 2.8 per cent to 5 per cent as of the end of 2023....
...Prices fell 0.2 per cent month on month across the biggest cities in July, and total sales from the biggest developers are down sharply this year....
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...Wang Wentao said earlier today that Beijing would seek to strengthen exports, which fell last year for the first time since 2016. Here’s more on Wang’s comments....
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