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SARS Woes Boost Food Deliveries
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Consumers worrying about being infected by severe acute respiratory syndrome in public places have boosted the delivery business of local fast-food chains, such as McDonald's and Kentucky Fried Chicken. But the restaurants are not optimistic about their overall sales in coming months.
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China's Interbank Lending Active
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China's interbank lending trade grew in February, with average daily trading volume rising to 49.2 billion yuan (six billion US dollars), up 20 percent over January and up nearly 60 percent over the same period last year. |
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Tianjin Reports Increasing Foreign Investment
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Tianjin, a port city and economic center in north China, absorbed more than US$5.8 billion in contractual foreign investment in 2002, a rise of 25.5 percent over the previous year. |
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Shanghai Port Records Surge in Exports
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East China's Shanghai port reported US$81.8 billion worth of exports in 2002, an increase of 20.3 percent over the previous year, according to Shanghai Customs statistics. |
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