China’s housing ministry has warned about overheating risks in residential property markets in four cities and urged local governments to take measures to stabilise the markets. It's the latest sign that authorities are not about to relax their grip on the real estate sector to boost the economy and many believe more cities are likely to roll out new restrictions.
The Ministry of Housing and Urban-Rural Development has told the cities of Suzhou, Foshan, Dalian and Nanning to stabilize land and housing prices as well as market expectations, according to the official Xinhua news agency over the . . .
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