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Chinese real estate market may see toughened supervision

Posted on 10 January 2013

Xinhua reports that real estate prices in China have been demonstrating an increase over the past seven months. Results of a recent survey announced by Deutsche Bank, Goldman Sachs, Citygroup and other financial organizations confirmed that the recovery going on in China’s real estate market was beyond expectations and in the near future the growth would reach about 5%.
The Chinese Ministry of Housing and Urban-Rural Development announced its readiness for further supervision and control of the real estate market. It is also ready to continue to limit the purchase of housing and toughen up the control of the investment and speculative demand in the country………………………………………..Full Article: Source


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