The pledge came after official data showed property prices in major Chinese cities rose 0.5 percent in September from the previous month, the first month-on-month increase since May.Hedge funds began pulling money back out of China after it became clear an adjustment on the Renminbi was no longer imminent. Strange it chose September to rise. Maybe just inflation reflected in prices.
Wednesday, October 27, 2010
China says will keep curbing property market
China announces it will keep curbing market