President Xi Jinping famously declared in 2017 that “houses are for living in, not for speculation”. The phrase immediately made its way into all official property policy, underpinning measures aimed at reining in China’s runaway house prices.Fast forward to 2019 and things have changed.Xi’s mantra was notably missing from a closely-watched economic report at this year’s legislative meetings in Beijing, as was any mention of a government pledge “to curb the rise of home prices”, first…
Source : South China Morning Post
Read more…It’s what they didn’t say – phrases dropped from Two Sessions point to easing of China’s property curbs, according to analysts















