| The government of south China's Guangdong province on Monday announced rules to cool the property market after the central government rolled out a regulatory plan and asked provincial governments to create specific measures. The rules, however, have been criticized for being too vague and unable to function properly.
Guangdong's provincial government said in a notice that housing prices will be curbed, government-subsidized housing will be built more quickly and housing data will be pooled in order to boost market supervision...............................................Full Article: Source
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