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المشهد العربي
China's housing prices remain stable amid recovery challenges
New home prices in China remained stable in July, with a monthly decrease of 0.10% and an annual increase of 3.2%. This reflects ongoing challenges in the real estate recovery, as weak domestic demand hampers the rebound, putting pressure on economic growth. However, Chinese authorities have pledged to support economic activity by increasing fiscal spending and implementing new policies, without resorting to large-scale stimulus packages.
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