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China's Home Sales Slump Worsens in September Ahead of New Stimulus Measures

China's Home Sales Slump Worsens in September Ahead of New Stimulus Measures
8 months ago

China's housing market slumped further in September, reflecting heightening challenges for the nation's real estate sector ahead of newly announced stimulus measures. The latest data showed far weaker property sales readings than had been forecast for the month, adding to concerns over stability and growth in one of the world's largest economies.

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