Chinese city of Shenzhen introduced new restrictions on home purchases in a fresh move to curb speculation and cool an overheating market, making it the fourth major Chinese city to tighten property policy since the coronavirus outbreak began.
Residents with local household, or the so-called Hukou, will be only be allowed to buy a home if they have held the Hukou for more than three years and have at least three years' record of local tax . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare.
Grab the Special Offer ! Get Yuan Talks full service at $0.6 a day!
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In