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CHINA-ECONOMY/PROPERTY
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May 18, 2014
Labourers work on the scaffolding of a construction site for a new residential building in Beijing, May...
Beijing, China
Labourers work on the scaffolding of a construction site for a new residential building in Beijing
Labourers work on the scaffolding of a construction site for a new residential building in Beijing, May 6, 2014. China will increasingly manage its troubled property sector at a local level as it seeks to avoid sparking either an abrupt slowdown that undermines the economy or another surge in prices, according to government economists involved in policy discussions. After increasing at double-digit rates through most of last year, home prices started cooling in late 2013 as a sustained campaign to clamp down on speculative investment and easy credit gained traction. To match Analysis CHINA-ECONOMY/PROPERTY Picture taken May 6, 2014. REUTERS/Kim Kyung-Hoon (CHINA - Tags: BUSINESS REAL ESTATE TPX IMAGES OF THE DAY)
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