Posted inChinaChongqingWuhan

Property curbs in China signal desire to stabilise market

The two-day property curb crackdown that occurred in eight Chinese cities on Friday and Saturday was designed to stabilize the market, analysts told Xinhua News Agency on Sunday. The action occurred in cities such as Xi’an, Chongqing, Nanchang, Nanning, Changsha, Guiyang, Shijiazhuang and Wuhan, which are not considered red-hot communities for property buyers, the Xinhua report said. The […]