epa11829676 People walk over the pedestrian bridge showing lates financial data on the screen in Lujiazui financial district, in Shanghai, China, 16 January 2025 (issued on 17 January 2025). According to the National Bureau of Statistics of China, in December 2024, new home prices in 70 cities across China fell by 5.3% year-on-year, a slight improvement from the 5.7% decline recorded in the previous month. This marks the smallest decrease since August 2024. Additionally, China's retail sales saw a year-on-year increase of 3.7% in December 2024, which is an acceleration from November's three-month low of 3.0% and exceeded market expectations of 3.5%, according to China's General Administration of Customs. EPA/ALEX PLAVEVSKI
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