XIAN, China -- China's new home prices dropped in more cities in August from the previous month, according to official index data released on Friday, extending the country's property sector slump even as industrial production and retail sales improved.
Economy
China home prices drop in more cities in August, extending slump
Industrial and retail data improved, but official says still facing 'difficulties'
HIgh-rise buildings in the northeastern Chinese city of Tianjin: New home prices dropped more Chinese cities in August. © Reuters
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