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erdekes 112 | Visitors to Beijing's Urban Planning Exhibition Center look at a scaled models of the the Chinese capital's urban development on June 10, 2010 in Beijing. Property prices in China rose at a slower pace in May from the previous month, official data showed, suggesting measures aimed at cooling the red-hot real estate market were working. China's ruling Communist government is concerned that the property development boom which has sent real estate prices soaring could overheat with damaging effects on the economy while last month 3,000 officials had been prosecuted for construction-related graft as the government seeks to rein in the red-hot property market boom and prevent corruption related to a huge stimulus plan. TOPSHOTS AFP PHOTO/Frederic J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/Getty Images) | |
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