Property News · March 12, 2018

What does Chinese President Xi’s new longevity mean for the country’s property market?


Chinese President Xi Jinping’s new-found ability to stay in his job indefinitely may give him greater scope to pursue his plans to curb rampant speculation in the country’s property market, but he will still face the problem of how to avoid damaging an overall economy heavily dependent on the sector.
In the latter phase of his first five-year presidency, Xi pushed an array of policies that included curbs on home speculators, more land for government-subsidised homes and measures to…

Source : South China Morning Post
Read more…What does Chinese President Xi’s new longevity mean for the country’s property market?

You may also like...