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China may expand property curbs to more cities

Posted on 04 May 2011

China may extend property curbs to the country’s third and fourth-tier cities after investors and developers flocked inland following a harsh clamp-down on property prices in major cities, the Shanghai Securities News reported on Wednesday.

To limit the risk of asset bubbles forming in these inland cities, the government may extend home purchase restrictions and price limits on the property sector in these third and fourth-tier cities, the paper said citing unidentified sources……………………………………….Full Article: Source


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