BEIJING: China's new home prices in July rose at the slowest pace since January, official data showed on Monday , after authorities further tightened curbs on the sector, including limits on some purchases.
Average new home prices in 70 major cities grew 0.3 per cent in July from a month earlier, slowing from a 0.5 per cent rise in June, according to Reuters calculations based on data released by the National Bureau of Statistics.China's property market has rebounded quickly from the COVID-19 crisis, triggering concerns about financial risks in an overheated market. This year authorities stepped up curbs on the sector to rein in runaway housing prices.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China should root out online games that distort history - China National RadioSHANGHAI : Chinese regulators should strengthen the vetting of online games and have 'zero tolerance' toward those that distort history, state broadcaster China National Radio (CNR) said in commentary on its website.The remarks - the latest in a series of critical articles in Chinese state media - are li
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China tightens scrutiny over IPO price-setting, punishes 19 institutionsSHANGHAI : China's securities regulators punished 19 institutional investors as authorities tighten scrutiny over price-setting behaviours under a more liberalised listing system.China launched the tech-focused STAR Market in Shanghai in mid-2019, along with the introduction of a U.S.-style, registration-
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
As Taliban advances, China lays groundwork to accept an awkward realityBEIJING: A series of photos published last month by Chinese state media of Foreign Minister Wang Yi standing shoulder to shoulder with a visiting Taliban official decked out in a traditional tunic and turban raised eyebrows on the country\u0027s social media. Since then, China\u0027s propaganda machinery has quietly Disgusting Who made this awkward reality a reality? China or the US? CCP is an utter disgrace
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China fund association urges better management of reputational risk - mediaSHANGHAI : China's fund industry association urged fund managers to better manage their reputational risk, state media said on Saturday, as asset managers increasingly become embroiled in negative rumours on social media.The Asset Management Association of China (AMAC), supervised by China's securities wa
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China to release 2 coders who built COVID-19 news archiveTAIPEI: Two amateur Chinese computer coders who were jailed after archiving deleted news articles about the COVID-19 pandemic’s initial outbreak are set to be released next week after more than a year behind bars, one of their relatives said on Saturday (Aug 14). The two men, Chen Mei and Cai Wei, are se Great work guys! For people like taro_taylor this is how a good government treats its own people just cause they wanted to share the truth What you say about Snowden, lapdog?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia stocks off to cautious start, eye China dataSYDNEY : Asian share markets made a cautious start to the week on Monday ahead of a raft of Chinese data that could confirm a slowdown in the giant economy, as much of the world races to stem the spread of the Delta variant of COVID-19 with vaccinations.Figures on retail sales, industrial production an
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »