China Property Prices May Be Nearing Bottom

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June 18 (Bloomberg) -- Peter Churchouse, chairman of Hong Kong-based property investment firm Portwood Capital, talks about real estate markets in China, Thailand, Singapore and Hong Kong. China’s home prices fell in a record 54 of 70 cities tracked by the government in May as developers cut prices to boost sales amid housing curbs. Churchouse speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)