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China property sales are expected to slow.....>

CHINA
CHINA: China property sales are expected to slow in the second half of this year
and into 2018, UBS said in a report Monday. It expects sales may not grow in
2018 or could even drop slightly as market sentiment changes and the government
implements more policy-tightening measures. For the whole of 2017, UBS raised
its sales growth expectations to 8%-10%, from 6%-8%, based on strong sales to
date. UBS projects that no serious nationwide controls would be imposed, as
local governments usually issue different housing policies based on local
conditions.

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