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China Property Controls Tighten: Daily

CHINA PRESS
MNI (Sydney)

Chinese governments' tighter controls over the housing markets and pressure to reduce debt may force developers to cut prices in the next two months, a period when the markets are usually more active, the Economic Information Daily said citing Chen Xiao, an analyst with Zhuge.com. The government may also further tighten regulations in the coming month as the latest data showed that house prices are increasing at a faster pace from last month, said Zhang Dawei, the chief analyst with Centaline Property.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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