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China house prices raise fears of more tightening

Posted on 19 August 2011

China’s annual housing inflation quickened in July for the second straight month this year, official data showed on Thursday, keeping up pressure on Beijing to rein in the red-hot property sector.
Many economists have warned that a bursting of a property bubble is the biggest risk facing the world’s second-largest economy in the medium to long term……………………………………….Full Article: Source

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