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Regulating housing market still a daunting task: China official

Posted on 27 August 2010

From Xinhua: China’s top economic planner said Thursday the regulation of the property market was still a daunting task in spite of “initial progress” the country has made in cooling excessive prices.
In the second half, the government would “stabilize property market regulating policies, further implement the measures meant to curb excessive gains in housing prices, and resolutely restrain speculative property investment,” said Zhang Ping, director of the National Development and Reform Commission……………………………………….Full Article: Source


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