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Despite the expanded scale of local government debt in the second half year, the overall risks are under control, thanks to improved mechanisms in quota and budget management, risk disposal and regular supervision.
Despite the intensifying delisting threats from the US administration, Wall Street investors' "sheer" demand for shares of Chinese companies with good fundamentals remains, industry experts said.
Despite increased output, Sinopec's earnings before interest and taxes were only 18.61 billion yuan in its oil refining business, down 52.8 percent year-over-year from 39.43 billion yuan due to higher crude procurement expenses. That in chemicals dropped 27.2 percent year-on-year from 18.91 billion yuan in the first half of 2018 to 13.78 billion yuan in the first half of this year.
Despite the low season and the contagion outbreak, investment activity has not stopped in the first quarter in the city's commercial real estate market. Insiders believe the impact of the epidemic will only be short-term in Beijing－one of the nation's technological innovation and international exchange hubs. As businesses gradually reopen and the city's business environment keeps improving, the market will only improve over the long run.
Despite the convention that October is the peak season for property trading, property prices in the nation's major cities remained stable, and pre-owned home prices in top-tier cities declined month-on-month, National Bureau of Statistics data showed on Thursday.
来源：资阳报