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Chinese city's property policy reversal a test of central govt resolve
Published Wed, Dec 19, 2018 · 09:50 PM
Beijing/Shanghai
THE Chinese city of Heze has reversed a rule designed to curb real estate flipping, boosting shares in property developers on Wednesday and sparking speculation that more cities could follow suit as slowing sales weigh on the economy.
The policy reversal, announced by the city's government, was the first of its kind sin…
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