Financial China
Property rules set to curtail activity
- Published 24 Feb 2011
New regulations limiting home buying by non-residency permit holders are set to damp transaction volumes and ease prices in key cities.
As of Feb 22, a total of 15 cities had responded to the State Council's instructions on Jan 26, to push through new rules to cool the property market. The cities included Beijing, Shanghai, Tianjin, Qingdao, Nanjing, Chengdu, Changchun, Nanning, Taiyuan, Ningbo, Guiyang, Harbin and Shijiazhuang, according to city government websites. Domestic news reports estimate that more than 50 other cities are going to adopt similar policies and this seems likely as it is in line with the State Council's original guidelines.
Login
If you are already a subscriber, please log in below.
China Confidential Funds
China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.
Other Articles on this Issue
-
Macro View
Putting the squeeze on
-
Consumer China
Baijiu - from firewater to luxury
Luzhou - mid-market sales falter
Kweichow Moutai - Expansion planned but costs rising
Yanghe - expansion hurts recent profits
Wuliangye - Outperforming Kweichow Moutai
-
Financial China
PBoC not signaling imminent tightening
2011: a year of big change for the renminbi
-
Forbidden City
Fall out from the Jasmine revolution that wasn't
-
The Big Call
Inflation turns structural
-
The Best of Chinese Commentators
Fuel price hikes
The impact of new property rules
-
Capital Intensive China
Solar Power - Not all gloom
- View issue
v5.0.27 running on ftbwebw-sun-02-z1
