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ECONOMY
THIS WEEK> THIS WEEK NO. 22, 2014> ECONOMY
UPDATED: May 27, 2014
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If housing prices remain high or even continue to climb, social wealth will continue to be concentrated in the high-income group, while ordinary people and newly employed people have less money to spend. In the meantime, excessive concentration of capital in the real estate industry will also affect other industries' access to credit, hence raising the financing cost and impeding the country's industrial restructuring.


 
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