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China developers delay new home sales to counter price caps
Published Mon, Feb 27, 2017 · 09:50 PM
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Hong Kong
SOME Chinese developers are playing a game of cat-and-mouse with local governments by delaying the launch of new home sales in the hope of riding out tightening measures in the property market that have dampened prices in some major cities.
They hope that when authorities start to relax some restrictions, buyers will clamour to buy new homes…
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