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China’s economic recovery depends on a lasting rebound in the real estate sector, which remains fragile as cautious households and a shrinking population curtail demand. ....
China's housing market slump has intensified in recent weeks as sales plunge and more developers default on their debt. Now the downturn has reached another milestone: home prices have begun falling for the first time in six years. ....
China’s home prices fell for the first time in six years in September, the latest sign that a deepening property slump is slowing the world’s second-largest economy. ....