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Top China Stories from WSJ: Congress Buzz, Housing Prices Fall, Dollar Diversification

Two provincial leaders’ styles offer a glimpse at contrasting development paths in China; housing prices in 100 major cities in China continue to stumble; fresh data lower flows of cheap capital from Beijing and a possible rise in borrowing costs across the American economy.
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Has the Real Estate Market Finally Bottomed Out?

Business & Finance : Carpe Diem (2 years ago)

Following this CD post from last Saturday "Has the Real Estate Market Finally Bottomed Out?" comes this WSJ article " Rise in Phoenix Housing Shows Path for Other Cities ": "As home prices continue to drop in most cities, a nascent ... Read Post

UK Inflation Falls More Than Expected, Reduces Chance Of 2014 Rate Rise

Business & Finance : Business Insider: Clusterstock (yesterday)

By Andy Bruce and Sarah Young LONDON (Reuters) - British inflation eased more than expected in July and the pace of house price growth slowed in June, according to data that underscored the Bank of England's message that it is in no... Read Post

China Just Announced A Major Policy Change That Would Let The Yuan Move Twice As Fast Against The Dollar

Business & Finance : Business Insider: Money Game (2 years ago)

BEIJING (AP) — China's central bank announced Saturday a slight easing of its controversial currency controls. It says it will allow the country's yuan to rise and fall by a slightly wider margin against the dollar in daily trading.... Read Post

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