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Jones Lang LaSalle’s Hughes says China’s property curbs worked

Posted on 14 June 2012

Alastair Hughes, Asia-Pacific chief executive officer of Jones Lang LaSalle Inc., comments about outlook for China and the region’s property markets in an interview with Bloomberg Television.
“The Chinese government policy is to trail rises in residential property prices and it’s been very successful. They’ve also tried to increase the supply and to reduce demand. It’s worked. Prices have fallen across the board due to these controls………………………………………..Full Article: Source


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