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The government has yet to announce major changes, but financial analysts say regulators are quietly easing access to credit. Housing prices have begun to ease but are still near record levels and Chinese leaders say they want further declines. The IMF warned last month that China's projected growth this year could be cut by nearly half
-- to 4 percent -- if Europe, its biggest trading partner, suffers a sharp downturn due to its debt problems. The World Bank warned earlier that a possible global slump might hit developing economies harder than the 2008 crisis did. ___ Online: National Bureau of Statistics (in Chinese):
http://www.stats.gov.cn/
[Associated
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