Xi seeks to tame China's wild property market with rental push
The government is trying to control spiralling home prices in major metropolitan areas such as Shanghai
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Shanghai
CHINESE President Xi Jinping has unleashed the world's biggest experiment aimed at taming runaway property prices.
After he used a milestone Communist Party Congress in October to push a housing model that emphasises renting, a flurry of activity is under way by developers, banks, local governments and even the biggest stock exchange.
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