Shanghai Weathers the Global Economic Crisis
Shanghai Daily has reported that current economic statistics show that Shanghai is well on its way to full recover from the global economic crisis. In the second quarter, the city delivered a much better than expected economic performance, with improved data related to fiscal income, investment and trade. Fiscal income rose a significant 14.9 % over last year with growth returning to positive numbers after posting negative figures for the six straight months. Fixed-asset investment in Shanghai expanded 15.7 %...
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