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Economy

China home price downturn deepens, October data shows

Evergrande worries linger while COVID dampens consumption

A real estate sales office in Beijing. Analysts say many potential buyers are holding off over doubts about whether projects will be completed.   © AP
CK TAN, Nikkei staff writer | China

SHANGHAI -- China's home prices continued to flash warnings in October, fresh statistics show, underscoring weaker demand amid authorities' ongoing campaign to rein in speculation.

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