China home prices growth fastest in five months, raises policy challenge for Beijing

New home price growth in China quickened last month after government measures to spur demand. That’s faster than an increase of 0.62% in April and a lift of 0.61% in March..

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'Policy relaxation' to rekindle China homes prices later this year, says Hong. hawkish stance by Beijing towards the sector, China's largest engine of economic growth. On the surface, at least, the US trade deficit with China could be gone in five years.. There is a right way for China to respond to this challenge: through.

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On an annual basis, home prices increased 10.7% in May, unchanged from April’s growth rate. Beijing has repeatedly urged local governments to keep runaway prices under control, but a recent easing in credit conditions, pent-up demand for housing, and an implicit government mandate to prevent a collapse have kept the market surprisingly resilient.

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BEIJING. 5 percent economic growth target without too many bumps, good news for President Xi Jinping ahead of a major political leadership reshuffle later this year. China’s fast start to the year.

BEIJING (Reuters) – New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more.

China home prices growth fastest in 5 months, raises policy challenge BEIJING (REUTERS) – New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy.

China continues importing Iranian oil in defiance of US sanctions.. Chinese crude shipments from Iran were 855,638 tons last month, or 208,205 barrels per day (bpd), customs data showed.. Taiwan, Japan, Turkey, and South Korea to ensure low oil prices and avoid disruption to the global oil market.

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BEIJING (REUTERS) – New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets under control as it rolls out more stimulus for the slowing economy.