Australian Market Report of January 21: Fears over China's Brake on Lending

  Sydney, Australia, Jan 21, 2010 - (ABN Newswire) - The Australian sharemarket closed slightly higher on Wednesday. Most of the early gains boosted by BHP Billiton's report of strong half-year production were offset by the losses after news that some Chinese banks have received verbal orders to stop lending for the rest of this month. At the close, the benchmark S & amp;P/ASX200 index added 7 points, or 0.1 per cent, at 4868.  

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