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Pimco turns cautious on China property bonds on cooling signs

Published Wed, Aug 24, 2016 · 09:50 PM
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Shanghai

PACIFIC Investment Management Co (Pimco) said that it is turning cautious on Chinese property developers' offshore US dollar bonds as the real estate market cools.

New-home prices gained in 51 of 70 cities last month, down from 55 in June, the statistics bureau said last …

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