BEIJING — China’s new construction starts measured by floor area contracted further in the first 10 months of the year, showing a substantial slowdown of the country’s giant housing market. This also signals Beijing’s resolution to curb housing speculation amid a broader economic slowdown brought about by the crackdown on the property sector.

New construction starts from January to October dropped 7.7% from a year earlier, widening from the 4.5% decline in the first nine months of the year, according to data released Monday…

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