Posted inBeijing, China, Shanghai

Property speculators damned as ‘traitors’ by party outlet

China is stepping up its campaign against soaring home prices. Blowing the horn is Hunan Daily, a major paper in the province where former paramount leader Mao Zedong was born. For four consecutive days, the official mouthpiece fired shots at the main cast of “offenders” – speculators, brokers and property developers who pushed the local residential price […]