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Major commercial banks raise Beijing mortgage rate – The Beijing branches of the Industrial and Commercial Bank of China, China Construction. 145 yuan each month. The mortgage rate for buying second homes remains unchanged at 1.2 times of the central.
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China’s Oil-Backed Loans to Venezuela Appear Headed for a Haircut – In a nutshell, China now finds itself in a very different position that it would have imagined a decade ago when the oil-backed loans seemed like a logical and efficient path to securing badly-needed.
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