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Chinese house prices could continue.....>

CHINA PRESS
CHINA PRESS: Chinese house prices could continue to ramp higher as the property
market and wider economy continues to improve, although the government should
use regulations to prevent further increases, according to Sheng Songcheng, the
former director of the Survey and Statistics Division of the PBOC. In a
commentary published on Wednesday in the Economic Information Daily, Shen said
policymakers could increase supply instead of dampening demand, in addition to
preventing a deluge of funds from flowing in to the real estate sector.

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