A Chinese national flag flutters in the wind in between a high-rise residential and office complex in Beijing, China, on Monday, May 19, 2014. Asian stock markets were mostly lower Monday after China reported a weak increase in housing prices. The Chinese government is trying to restrain surging housing costs with lending and other curbs. But any weakness in sales prompts fears of repercussions for other industries and possible debt problems if developers default on loans.
Photo by Associated Press /Chattanooga Times Free Press .
published Monday, May 19th, 2014
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BEIJING (AP) — Global stocks were mostly lower Monday after a subdued increase in Chinese house prices fanned fears of weakness in the world's No. 2 economy.