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MNI: China will resolutely stick to its targets......>

MNI, NEWS
MNI: China will resolutely stick to its targets for controlling the real estate
market, Wang Menghui, the minister in charge of housing, told reporters on
Saturday in Beijing. Government measures have slowed the growth in property
sales and eased price increases, Wang said. Looking forward, Wang predicted
property sales growth would likely slow further and transaction prices would
stabilize. The government will stick to the "housing isn't for speculation"
principle and boost housing supply, particularly rental units, Wang said. (China
Security Journal)

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