More signs of China property market cool-off
London
CHINESE policymakers have resorted to traditional levers to juice the economy this year: investment, public sector spending and monetary expansion.
Housing construction, real estate and public services helped to keep headline year-on-year growth on an even keel at 6.7 per cent in the second quarter, offsetting falling financial sector output. But there are growing signs that the property market has slowed down, while imbalances in the sector are growing, according to analysts.
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