Jiang Weixin News
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China’s new home prices posted the broadest advance since December 2011, a test for new Premier Li Keqiang as he seeks to prevent a bubble without damping economic growth.
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China’s nominees for central bank governor and environment, education and housing ministers drew the most opposing votes of any appointments, two days after President Xi Jinping was appointed with one dissenting ballot.
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Chinese stocks rose for the first time in six days, led by companies whose earnings are least vulnerable to economic growth.
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Pressure on China to tighten monetary policy and macroeconomic controls is easing as inflation will be “relatively low” this month due to slowing food-price gains, central bank adviser Song Guoqing said.
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Pressure on China to tighten monetary policy is easing as inflation will be “relatively low” this month due to slowing food-price gains, People’s Bank of China adviser Song Guoqing said.
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Lin Zuluan, head of the council in the village of Wukan, has the same dinner interruption almost every evening. Unhappy residents come with complaints, almost always bringing up one topic: getting back their land.
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China may start construction of less than 10 million social housing units next year, China’s Minister of Housing and Urban-Rural Development Jiang Weixin said in a webcast today.
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China’s stocks fell to the lowest level in seven weeks after the Xinhua News Agency reported the government may expand a property tax trial and Haitong Securities Co. said retailers may post weak sales this month.
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China will replace home purchase restrictions with a home owner information database and taxation system, China’s Minister of Housing and Urban-Rural Development Jiang Weixin said on a webcast today.
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Asian stocks fell to a two-month low led by banking shares and developers after Australia’s business confidence deteriorated and on a report China may expand a property tax trial.
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