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Beijing clamps down on property websites
Published Wed, Apr 12, 2017 · 09:50 PM
Beijing
BEIJING has ordered 15 online real estate portals to remove misleading information, false advertising and even advice on feng shui by Wednesday, as part of its campaign to cool a red hot housing market.
Advertisements on the websites should not promise rising returns on Beijing real estate investment, the official Xinhua news agency reported, as the Chinese capital battles with soaring home prices and property speculators.
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