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China NDRC: To further focus on stabilizing property prices in 2H

Posted on 03 August 2011

China will further focus on stabilizing property prices in the second half of the year, and will continue to implement and perfect the property tightening measures to curb speculative activity, a spokesman for China’s top economic planner said Tuesday.
A double dip will not happen in China’s economy, as the country’s active fiscal policy, prudent monetary policy and economic restructuring would help the country attain stable economic growth, said Li Pumin, a spokesman for the National Development and Reform Commission, in remarks published on the government’s website……………………………………….Full Article: Source


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