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CHINA PRESS: China's housing authorities reiterated that it would "resolutely"
enforce curbs on the property sector, and that media reports that some cities
loosened controls were misinterpretation of government measures: Ministry of
Housing and Urban-Rural Development website.
- Last week, some Chinese newspapers reported cities including Lanzhou had
loosened restrictions on home purchases.
***TAKEAWAY: While China's central government keeps the tight lid on the
property market, regional authorities concerned with slowing growth will seek to
bend rules. See MNI story: China's Property Market Defies Doom Predictions