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China’s public housing push takes edge off clampdown

Posted on 24 August 2010

From Reuters: With one arm, China is pouring cold water on property speculators. With the other, it is tossing a life buoy to the real estate sector via increased spending on affordable housing.

It is a tricky balancing act, and the stakes are high. The government must rein in housing prices before a bubble forms, while ensuring that investment in property, a cornerstone of the economy, remains robust…………………………………….Full Article: Source


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