30.09.2010 - China adds to limits on property
From WSJ: China's government took further steps to curb stubbornly high property prices, ordering banks nationwide to halt lending for third and subsequent home purchases and raising down-payment requirements for first-time buyers. The moves, announced in a statement Wednesday by the State Council, China's cabinet, add to measures unveiled in April that have so far achieved limited success in the key goal of making housing more affordable..............................................Full Article: Source
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