| China will maintain its tightening measures in property sectors next year and continue its efforts to construct affordable housing, state-run media reported Sunday, citing Vice Premier Li Keqiang. There has been speculation among some economists that authorities may ease controls on the property market if a steep drop in prices threatens economic growth.
"Tightening measures in the property sector have had a certain effect," Mr. Li said. "The market is entering a critical period, so we must stick to the policy stance of curbing [the] overly fast increase of housing prices.".............................................Full Article: Source
|