Property News · May 13, 2018

China reminds city officials of need for property price curbs in sign they may not be working


The recent summoning of officials from a dozen smaller Chinese cities by the housing ministry for a reminder that they must take measures to cool property prices is a sign the central government is concerned its efforts to keep homes affordable may not be working.
The official Xinhua news agency reported that the Ministry of Housing and Urban-Rural Development called in officials from the second-tier cities – mostly provincial capitals including Chengdu, Taiyuan, Xian, Harbin, Kunming and…

Source : South China Morning Post
Read more…China reminds city officials of need for property price curbs in sign they may not be working

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