Question

Consider the following statements regarding the financial center of Shanghai: 1) Shanghai is the largest city in China and the economic hub of the country. 2) Shanghai is a popular location for foreign banks and financial institutions due to its favorable business environment. Which of the statements given above is/are correct?

A 1 only
B 2 only
C Both 1 and 2
D Only 1 is partially correct.
E None of the above
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