China property prices continued to rise in August, despite government efforts to cool the market.
Prices for new homes rose in 69 of 70 major cities. It is the fourth month in a row prices have risen in all but one of China’s biggest cities.
China has been trying to rein in property prices amid fears that asset bubbles may be forming in the country.
Analysts said the continued price rises could prompt authorities to take steps to reduce speculation in the market.
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