China’s home mortgage lending up 48% in 2009: central bank
China’s yuan-denominated individual home mortgage lending rose 1.4 trillion yuan (204.98 billion U.S. dollars) in 2009, up 47.9 percent from the previous year, said a report issued by the People’s Bank of China, the central bank, on Wednesday. The growth rate was 37.4 percentage points higher than the previous year, said the report on China’s investment flow in 2009. Meanwhile, the yuan …
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