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China will not rely housing.............>

CHINA PRESS
MNI (London)
CHINA PRESS: China will not rely housing speculation to drive economic growth,
but look to continued reform efforts across the economy to balance against
external headwinds, the People's Daily Overseas Edition said Friday. Giving
local governments more autonomy over housing policy does not mean a relaxation
of housing regulation, the daily said. China will stick to the idea that housing
"is for living in, not for speculation", the paper added.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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