CNY

China's Real-Estate Frenzy

Rising property prices and a torrid pace of lending are signals of an inflationary bubble.

Farm Wages Trip Beijing's March Against Inflation

 By ANDREW BATSON

BEIJING—To combat a surge in food prices that is worrying consumers and economists, China's government is reining in bank lending and selling down reserves of grain. But there is one driver of higher food prices that will be harder to get under control: the steady rise in the wages paid to workers on and off the farm.

China allows first foreign loan provider

 By Jamil Anderlini in Beijing

Published: November 30 2010 22:49 | Last updated: November 30 2010 22:49
Home Credit Group, a Czech company operating mainly in Russia and eastern Europe, has beaten some of the world’s largest financial groups to become the first foreign company to set up as a consumer finance lender in China.
 

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