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In December 2008, the Case-Shiller home price index reported its biggest price drop. Subprime loans made to buyers who couldn't repay their mortgages fueled the crisis.

In June, daily active users of Baidu App reached 188 million, up 27 percent year over year, in-app search queries grew over 20 percent year over year and smart mini program monthly active users reached 270 million, up 49 percent sequentially, according to Li.

In July 2014, President Xi Jinping laid out the "1+3+6"cooperation framework in his keynote speech at a China-Latin American and Caribbean summit in Brasilia, Brazil.

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In June, the value of imports and exports in Ningbo topped 89.8 billion yuan, a year-on-year increase of 27 percent. The city's export value reached 58.66 billion yuan, up by 23.4 percent compared to the previous year. That is also 19.1 percentage points higher than that of the whole country.

In China, conservation has galvanized the government and people. A greener environment is a new goal, and the government has emphasized the need to preserve biodiversity.

In July, The Civil Aviation Administration of China and the provincial government both approved a strategic plan for the province to create an international aviation hub.

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In Brazil, the largest ride-hailing market in Latin America, the competition is intense among more than 250 operators providing app-based services, including the US market pioneer Uber.

In July, the bureau launched a six-month special security campaign of tall buildings across the country, and has rectified 161,000 hidden fire risks, according to the bureau.

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In El Paso, Samaniego said funeral homes are preparing for a surge and El Paso County is "executing agreements for more morgue space".

In January this year, COFCO Real Estate acquired the former Grandjoy for 14.76 billion yuan (.15 billion). COFCO said earlier that the consolidation would inject valuable commercial real estate assets into its core business.