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China’s property cost curbs to remain

Posted on 10 November 2011

Despite recent signs of homes getting more affordable, China’s war against its stubbornly high property prices looks set to be a long one, as the government has repeatedly pledged to continue its market curbs until it comes to a “reasonable” level.
Chinese Premier Wen Jiabao again voiced determination to tame the country’s housing costs earlier this week, after nearly two years of trying to cool the property market………………………………………..Full Article: Source

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