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China will not ease grip on property market: paper

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BEIJING (Reuters) – China plans to stick to its tight property sector policies and a nationwide rebound in home prices remains unlikely, a senior official at the housing ministry said in remarks published by state media on Sunday. The comments underscore Beijing’s determination to keep a lid on rising home prices, a source of social discontent, especially in the run-up to a once-a-decade leadership transition this year. . . .

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