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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI China Press Digest, March 12: Sino-U.S., Housing Market
BEIJING (MNI) - The following lists highlights from Chinese press reports
on Tuesday:
China's Vice Premier and top trade negotiator Liu He telephoned U.S. Trade
Representative Robert Lighthizer and the U.S. Secretary of the Treasury Steven
Mnuchin today discussing "crucial issues on the text" and made arrangements for
the next step, Xinhua News Agency reported.
The sales and prices of both new and used residential housings nationwide
are unlikely to increase amid targeted controls by local governments, even as
some cities saw small-scale recoveries, said the Economic Information Daily
today citing analysts. The housing market is likely to be stable without sharp
gains or drops after declining in the first two months, the newspaper reported.
Banks in several cities including Shenzhen and Hangzhou continue to lower
mortgage loan rates, some to 5% above the benchmark lending rate, drive by the
abundant liquidity in the market, said 21st Century Business Herald today.
Mortgage loans will grow faster this year to support first-time buyers, the
newspaper said citing market participants.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MI$$$$]
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.