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15th Aug 2023 20:24China+, Daily Monitor

  • July home-price falls broadened to 49 of 70 cities surveyed, signalling a weakening property market.
  • Developers are under the cosh again, as home-sale revenue falls and market funding is scarce.
  • China is stepping up policy support, but the gradualist approach points to a prolonged recovery.

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Keywords for: 17 August 2023 China+ Monitor

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