China's Property Price Growth Slows to 9.3% as Government Curbs Lending

China’s property prices in 70 major cities rose 9.3 percent in August from a year earlier, the statistics bureau’s newspaper, China Information News, reported today.

That was less than the 10.3 percent increase in July and compared with the 10 percent median estimate in a Bloomberg News survey of eight economists.

Prices were unchanged from July, the report said.

To contact the reporter on this story: Yanping Li in Beijing at yli16@bloomberg.net

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