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| Saturday, August 30, 2008 05:55:04 |
Housing prices defy government measures
Government efforts to rein in China’s soaring real estate market have proved ineffective as housing prices continued growing in the major cities, including Shanghai, Shenzhen and Beijing, the Economic Daily reported. In Shanghai, prices for second-hand property in Yangpu district grew 11%, Putuo district 10%, Xuhui and Changning districts 8%, and Jing’an ...
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