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China home prices to fall by 10pct-30pct next year, Barclays says

Posted on 09 November 2011

China’s home prices will fall as much as 30 percent in the next year, driven by the government’s housing curbs, according to Barclays Capital Research.
The correction in the property market will have an impact on the country’s economic growth, though is unlikely to lead to a financial meltdown, Hong Kong-based economists led by Huang Yiping said in the report today, citing the low leverage ratio of Chinese households………………………………………..Full Article: Source


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