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China Province to ‘question’ officials if housing prices rise too quickly

Posted on 25 October 2011

The government of China’s coastal Zhejiang province Monday said it will intensify its monitoring of the housing market and question local officials if public housing construction fails to meet targets or commercial property prices rise too quickly.

City and county authorities should be responsible for stabilizing the real-estate market, and their efforts to control housing prices will be part of their performance evaluations, the Zhejiang provincial government said in a statement on its website………………………………………Full Article: Source


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