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Nanjing to impose price cap in land auctions
Published Fri, May 27, 2016 · 09:50 PM
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Hong Kong
CHINA'S eastern city of Nanjing said on Friday it will limit the highest bidding price developers can offer in land auctions, in an effort to control surging land costs that have been driving up home prices.
Nanjing's tightening measu…
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