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TO THE POINT: The mainland stock market surged the day after Ping AnInsurance's shareholders passed the company's refinancing plan. But themarket was still fragile as many continued to believe it was on a downwardtrack. The World Bank forecasted that China's gross domestic productwould grow 9.6 percent in 2008, or 1.6 percentage points higher than thegovernment's target. Amid surging crude oil prices in the international mar-ket, the Chinese Government vowed to stabilize domestic refined oil prices.Lastly, China Minmetals Corp. has set up a joint venture steel mill in India totake advantage of India's fast-growing steel industry.