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CHINA PRESS
CHINA PRESS: Beijing's plan to introduce joint property ownership -- where
homebuyers and the government each own a share of homes but occupiers have full
right of use -- can prevent property-market risks and help people into their own
homes, the People's Daily said Tuesday. The plan aims to assist the overall
property market in the long term, the commentary said. Authorities need to
prevent speculation but still satisfy demand for home ownership, it said.
(People's Daily)

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