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Banks told to curb house loans
www.chinaview.cn 2006-05-26 08:25:14

China hikes loan rates amid fast growth

    BEIJING, April 27 (Xinhua) -- China on Thursday announced a 0.27 percentage points hike in the benchmark one-year loan interest rate, according to a central bank statement, as part of its efforts to curb an investment binge and prevent economic overheating.

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Editor: Nie Peng
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