30.09.2010 - Real estate market recovery just wishful thinking
From Peopledaily.com.cn: Regarding the "Notice on Further Strengthening the Management and Regulations of Real Estate Land and Construction" published by the Ministry of Land and Resources (MOLR) and the Ministry of Housing and Urban-Rural Development (MOHURD), Ren Zhiqiang, president of Huayuan Group, said on Sept. 28 that currently the real estate market has not recovered. Therefore, if effective measures are not taken such as enlarging land supply and financial control, it is impossible to solve China's urbanization and residential housing problems only through controlling the price of commercial residential housing..............................................Full Article: Source
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