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For more insight, we go back to Professor Patrick Chovanec from the Tsinghua University School of Economics and Management in Beijing.
1. Here we have very mixed information about whether the property tightening measures should continue. Can we say that it's now a very crucial moment for both the government and property developers?
2. Many are worrying about a retaliatory housing price hike in the second half. What are your predictions?
3. China is trying to cut its dependence on the property sector. But some industries such as steel are already feeling the pinch from shrinking property investments. Do the cooling down measures help squeeze out bubbles or impact on the economic growth?