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Beijing to step up measures to cool market for homes
Published Mon, Dec 26, 2016 · 09:50 PM
Beijing
BEIJING, one of China's hottest residential real estate markets, will step up property controls to keep home prices stable next year, the official Xinhua news agency reported on Sunday.
Stoked by speculators, home prices in the capital are already too high, and rising social tensions pose enormous challenges to Beijing's stability, Xinhua reported, citing the Beijing Municipal Committee.
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