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- 'Made in China' - but for how long?
- Housing prices 'to fall in Q4'
- Scramble to contain oil pipeline spill
- Threat of 'worst flood in 12 yrs'
- Exchange rate hits a 5-year record
- $10b railway deals signed
- Exclusive: Dam's flood capacity 'limited'
- Google's China fate hangs in limbo
- Fatal theme park rides put spotlight on safety
- Hotel industry looks for a break
BEIJING — A property bubble continues to pose the biggest risk for China's economy in the second half of the year and there is still room for correction in housing market, US financial services company Standard & Poor's said on Thursday.
BEIJING — More property developers have began to cut prices and adjust their business portfolios to cope with sluggish transaction numbers due to government tightening of the real estate sector.
BEIJING — China plans to start implementing a property tax in two or three years on a trial basis, a source from the Ministry of Finance told China Daily on Thursday. The National Business Daily had earlier reported that the property tax might be rolled out in several cities under a pilot program in 2012.
BEIJING — China's property market remains an attractive place to invest despite recent tightening measures, said Fang Fang, JPMorgan's vice-chairman of Asia investment banking.
PARIS — Burberry Group Plc, the UK's largest luxury retailer, will take control of its franchised stores in China for 70 million pounds ($108 million) in a transaction that may boost earnings by almost 10 percent.

BEIJING — China may impose fines of up to 2 million yuan ($295,300) for price manipulation and hoarding of agricultural products, the National Development and Reform Commission said on Wednesday.
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