The Best of Chinese Commentators
What to make of new property tightening measures
- Published 22 Apr 2010
Some analysts are hopeful that the measures could halve investment-driven purchasing in coming months.
Further tightening measures aimed at cooling the property market were issued by the State Council, cabinet, on April 17. The measures specifically target property speculators by restricting lending to those buying for investment purposes and raising deposit requirements, asking local governments to increase land supply, and raising the supply of public housing (see Capital Intensive China).
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