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Curbing property speculation

By Yi Xianrong | China Daily | Updated: 2010-04-22 07:46

Recent government measures to stem rising housing prices will change supply and demand to cool market expectations

The State Council, the country's Cabinet, rolled out a series of harsh measures over the weekend in the latest bid to curb soaring home prices.

In the past year, a string of policies and measures by the central government had failed to keep a lid on property speculation and an increasing number of ordinary homebuyers have become dissatisfied with the situation.

Curbing property speculation

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