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New World Development
BusinessChina Business

Briefs, November 2, 2012

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Air China gets green light for private share placement.

The Ministry of Commerce said it will investigate whether the European Union is improperly subsidising its producers of solar-grade polysilicon or dumping their products in foreign markets. AP

 

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China Orient Asset Management said a survey found bad debt at mainland banks may rise up to 10 per cent this year, taking the ratio of non-performing loans to 1-2 per cent by the end of the year. Bloomberg

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