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China's property sector, not deflation risk, is its top economic worry

China’s consumer price index falling for the first time since 2021 has raised fears of deflation, but a closer look at the data paints a different picture. Weak home sales and large developers’ ailing finances are weighing on the property sector as policymakers try to revive spending but keep housing affordable.
Consumer Price Index Interest Rate Mortgage Rate Real Estate Consumer Demand Country Garden
Source: scmp.com

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