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China property sector: Three Chinese cities lift house-buying curbs

The Chinese government has removed restrictions on home buying in at least three major cities including Dalian and Shenyang. The Xi Jinping-led country has been issuing supportive measures for the property sector across China, including lower mortgage rates for first-time buyers. The real estate sector has displayed a worrying trend in recent years.
New York United States Qilai Shen New York Times News Service Know About China

Three Chinese cities lift house-buying curbs

At least three major Chinese cities last week removed restrictions on home buying, as the Asian giant gradually rolls back a crackdown on the property sector in a bid to revive its economy. Dalian and Shenyang, two of the most populous cities in the northeastern province of Liaoning, separately announced they will no longer restrict the number of properties residents can buy in most parts of the city, while offering subsidies for buyers and tax relief for sellers. Nanjing, the provincial capit...
Michael Perry Yew Lun Tian Property Sector Home Buying Chinese Cities Most Populous Cities
Source: yahoo.com

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