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Ban banners for developers

China Daily | Updated: 2009-03-19 07:22

We shouldn't allow real estate developers to appropriate the name of Hangzhou to welcome buyers from Wenzhou, says an article in Guangzhou Daily. Following is an excerpt:

On March 13, a 200-strong group of housing buyers from Wenzhou, who are notorious for purchasing real estate across the country and pushing up housing prices, arrived in Hangzhou to inspect housing projects. A welcome banner greeted their arrival in the name of the city: "Hangzhou welcomes housing purchasers from Wenzhou".

But using the name Hangzhou has caused a stir.

Ban banners for developers

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