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China property curbs: it seems to bite this time

Published Wed, May 10, 2017 · 09:50 PM

New York

THE squeeze is on.A tightening of leverage, coupled with soaring land costs, looks set to end the home price windfall that China's developers have enjoyed this year.

Prices of new dwellings, excluding government-subsidised housing, gained in March in 62 of the 70 cities tracked by the government, compared with 56 in February, the National Bureau of Statistics s…

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