Falling property prices to hurt local government finances?

Local governments have been launching a raft of measures this year to cool China's overheating property market. Though transaction volumes have been declining in past weeks, the measures are now starting to take their toll on property prices. How will significant price declines impact local governments' ability to service their debts?

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• Macro View

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• Consumer China

  Medical devices – in the pink

  Weigao: climbing the value chain

  Mindray: robust overseas sales

  Beijing Wandong: seeking solace in rural demand

  Shinva: on the acquisition trail

  Lepu: bringing heart technology to lower tier cities

• Funds Data

  China flows go cold

• The Best of Chinese Commentators

  A-share slide

• The Big Call

  Real estate prices start to fall

• Capital Intensive China

  Cooling property market to depress steel prices

• Guest Column

  China's new growth model – does it work?

• View issue