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Shanghai halts land auctions as surging prices worry officials

Friday, October 23, 2015 - 05:50

Shanghai

SHANGHAI has halted six land auctions since Oct 12, as officials seek to rein in the property market after the government's loosening of curbs triggered surging prices.

The city on Oct 12 called off an auction for a plot of land in Yangpu district, with a starting price of

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