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Some Chinese cities tighten property curbs as housing markets show overheating signs


Some Chinese cities have tightened real estate restrictions as the housing markets showed overheating signs, after monetary easing policies and relaxation of residency permits fed a demand surge.

Hangzhou city, capital of eastern China's Jiangsu province and home to the e-commerce giant Alibaba Group, recently imposed new restrictions on property transactions, becoming the first major Chinese city to take such step since the coronavirus outbreak began.

People deemed as “high-end talent,” who . . .

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