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Slower rise in China new-home prices

Trend worst felt in first-tier cities with tighter credit and cooling measures to keep property market in check

[SHANGHAI] New home price growth in China slowed last month, led by the four cities the government defines as first-tier, amid tighter credit to rein in excessive borrowing and individual city measures to curb property prices. Prices in Beijing and the southern business hub of Shenzhen each rose

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