China's property prices to decrease

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP

China's real estate pieces are expected to fall by 20% by the end of 2012 from their peak during the property boom in 2011, reported Credit Suisse. The tightening measures implemented by the government are likely to prolong a slump thus worsening the country economic outlook, the bank added.

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