China's home prices are still far from reasonable levels, said Premier Wen Jiabao in a speech...

|By:, SA News Editor

China's home prices are still far from reasonable levels, said Premier Wen Jiabao in a speech today, reiterating the country's commitment to cooling the national housing market. His comments sent China's benchmark index down the most in three months; Shanghai Composite Index -2.1%, erasing a 0.8% gain.