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The next step for China's government....>

CHINA PRESS
MNI (London)
CHINA PRESS: The next step for China's government should be a focus on a good
supply of housing in order to curb high housing prices instead of further
tightening regulations, The Beijing News reported Friday, citing Li Tie, chief
economist at the National Development and Reform Commission's City and Small
Town Centre. 
-Large-scale speculation in the housing market has been curbed under purchase
limits and tight credit, and the impact will be felt for many years, the
newspaper said citing Li. 
- House price pressure can be alleviated through better town and transportation
planning, Li adds. For example, building city railways to connect small towns
around the downtown area can shorten commuting time and encourage home buyers.
(Link to the story: https://bit.ly/2KuCvMA)
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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