Here is a list of the day’s latest China real estate news collected from around the web:
- Two China Cities Busted for Faking Economic Data
THE National Bureau of Statistics has pledged to prevent local governments from manipulating economic data after revealing for the first time that some local entities had falsified facts and figures.
- China Said to Ease Lending Capacity Constraints for Banks
China is easing restrictions on lending capacity at three of the nation’s four biggest banks after new loans dropped to a four-year low, officials at the banks with knowledge of the matter said.
- China property stuck in standoff, says CBRE analyst
China is caught in a residential-property standoff between potential home buyers, real-estate development companies and a central government eager to tamp down prices, according to a senior Beijing-based property analyst.
- Sales slowdown still hits some Chinese developers in February
Sales slowed in February for several major Chinese developers after a weak month across the board in January as analysts watch to see if home purchasing picks up on the mainland with the central bank easing credit.
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