Soft landing predicted for Chinese housing market
China Daily | Updated: 2011-12-10 08:19
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The dramatic trend of rising housing prices had been curbed preliminarily, says the Annual Report on the Development of the Housing Market in China (2010-2011), released by the Chinese Academy of Social Sciences. Lin Hui / for China Daily |
BEIJING - China's housing market is expected to achieve a soft landing due to effects that emerged from the government's strict limits on property purchases, according to a report from a think tank released on Friday.
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