KM Financial Solutions | UPDATE 1-China warns cities to cut reliance on property, developers’ shares fall
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UPDATE 1-China warns cities to cut reliance on property, developers’ shares fall

UPDATE 1-China warns cities to cut reliance on property, developers’ shares fall

China’s regional
economies need to reduce their reliance on the property market
for growth and instead focus on sustainable longer-term
development, the Communist Party’s People’s Daily wrote on
Wednesday.

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