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Chinas Finance Minister Xie Xuren said that the government will research and improve tax policies that can reasonably guide individual purchases of properties, the China Business News reported, citing a speech Xie delivered yesterday to the National Peoples Congress.

Finance Minister to visit Asia

Finance Minister Bill English is to visit Hong Kong and Singapore next week.

Japanese Finance Chief Noda Says Currency Situation Is Severe

Japanese Finance Minister Yoshihiko Noda said the nations currency situation is severe and the government is prepared to take appropriate action when necessary. He was speaking to reporters in Tokyo today.