Salesmen hold boards reading "70% Discount", "80% Discount" and even "90% Discount" for the buildings near Panlongcheng Ecomonic Zone in Wuhan, Hubei Province in order to attract more house buyers. Affected by global economic crisis, the housing price plunged to 2000 yuan per square meter (US $ 293), however, after China's banks lent great amounts to the real estate markets, the price has doubled and sales exceeded from the equivalent period in 2007. [Wuhan Evening News]