Oversupply in China's property market partly reason for relaxation of foreign investment rules
Published Wed, Sep 16, 2015 · 03:15 AM
[BEIJING] The oversupply situation in China's property market is partly the reason for the relaxation of foreign investment regulations in the property market, a commerce ministry spokesman said on Wednesday.
Last month, China relaxed its property investment rules for foreigners across the country, providing a fillip to the real estate market and stumbling economy.
REUTERS
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