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By AMY CHEUNG

China targets asset bubbles: Deutsche Bank, Analysts predict rate hike                     Textiles exports fall in March


By AMY CHEUNG
Telecom market research firm IDC recently released a report showing that the contribution of China's online game market to telecom revenues has increased significantly.  While foreign and local games are popular diversions among netizens, online games also serve as a marketing and sales tool for many companies.

By AMY CHEUNG
Popular Chinese Web portal Mop.com and Beijing-based online game firm Kingsoft are planning overseas listings next year, Reuters reported.

By AMY CHEUNG
PetroChina will open nine exploration blocks in the Xinjiang region to foreign investors to search for oil and gas, Reuters reports.

By STAFF EDITOR
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By STAFF EDITOR

Between 2004 and 2009, the annual growth rate of China's software market is expected to average 18.7%, with the market reaching US$6 billion in value by 2009. A study by Analysis International, however, shows that the outlook for China's domestic software industry is not necessarily so bright.



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