13.08.2010 - China developers urge government to halt more property curbs
From Bloomberg: A Chinese property industry group called on the government to refrain from tightening real-estate curbs further after measures including higher mortgage rates and lending restrictions led to a slump in transactions. “In our reports to related government agencies of the State Council in July, we have, on several occasions, suggested that new tightening measures should be postponed in order to stabilize market expectations,” Zhu Zhongyi, vice chairman of the China Real Estate Association, told a forum today..............................................Full Article: Source
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