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Even though there was a deceleration in the expansion of industrial output and fixed asset investment in the latest month of July, one month s figures do not make a trend. 1% In 2004, the Chinese government implemented broad macro economic regulations to curb its overheated industries and slow down fixed asset investment growth. So far, total investment in real estate hit 80 billion yuan in China, accounting for 25 percent of the social fixed asset investment. |
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