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China: Real estate sector shows signs of cooling

Posted on 11 November 2010

From Peopledaily.com.cn: China’s property prices in October rose at the slowest pace in 10 months, after the government raised interest rates as part of Beijing’s latest moves to cool the real estate market.
Housing prices in 70 of the country’s large and medium-sized cities rose 0.2 percent in October from September, slower than the 0.5 percent increase in September, the National Bureau of Statistics said on Wednesday……………………………………….Full Article: Source

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