Former Chinese official Huang Qifan said China's real estate sector is facing its worst downturn in 20 years, but the government’s five measures have stabilized the market.
The forced liquidation of China Evergrande epitomizes the sector’s struggles, the Chinese government wants to address the financial risks by introducing the so-called 3 red lines.
Suzhou City announced that there are no restrictions for the new house selling price even if it is lower than the recorded price. Will this become the norm in China’s real estate industry in the futur...
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