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MNI (Beijing)

China's overall housing regulations will likely be tightened in H2 and

local authorities are unlikely to be allowed as they were in H1 to try relaxing

the rules, the 21st Century Business Herald reported. Such a

signal was given when Vice Premier Han Zheng repeated at a recent

meeting on housing that houses are not for speculation, and the

government won't use real estate as a stimulus, the newspaper said.

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