The surge in urban housing prices may end soon, as the latest industry data show weaker sales and price rises, according to specialists. Full Story

Better GDP growth beats "China Collapse" theory

Official data show that China's GDP grew 7.4 percent year on year in the first quarter, 0.3 percentage point lower than the pace in the previous three months. Full Story

China unveils new economic package

China on Wednesday announced a string of financial and tax moves including cutting the reserve requirement ratio (RRR) for some rural financial institutions to provide more support for the rural economy and bolster job creation. Full Story

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