China has made reduction of unsold housing inventories in the nation’s lower tier cities one of its central goals for 2016, as the country’s leadership looks for ways to spur growth in an economy which last year slipped to its… Read More>>
Shanghai Chief Vows Housing Price Crackdown as Home Sales Surge
New restrictions on property development and home sales could be on the way in Shanghai as the city struggles with housing prices that rose nearly two percent last month.
Apparently fearing the beginnings of a bigger surge, such as the… Read More>>
Shanghai FTZ to Allow Chinese Individuals to Invest Overseas
In a policy breakthrough, Shanghai’s party chief announced yesterday that the city’s free trade zone intends to enable Chinese citizens to directly invest overseas for the first time.
“One of our key objectives is allowing qualified individuals within the free… Read More>>