China's frothy property market falters in June

BEIJING - China's frothy property market may have peaked after a government clampdown on speculators, new data has shown.

Property prices across 70 cities fell 0.1% in June compared with May - the first monthly fall since February 2009.Meanwhile, separate trade figures released at the weekend showed exports surging, but imports lagging.

The data paints a mixed picture for the Chinese economy, which some economists and investors fear may suffer a sharp slowdown later in the year.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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