The government is signalling it is ready to intervene directly in individual cities’ housing markets, say analysts. Photo: Bloomberg The government is signalling it is ready to intervene directly in individual cities’ housing markets, say analysts. Photo: Bloomberg
The government is signalling it is ready to intervene directly in individual cities’ housing markets, say analysts. Photo: Bloomberg

Beijing orders five Chinese cities including Guangzhou, Dongguan to rein in their runaway house prices

  • The deputy housing minister instructed top officials from Guangzhou, Hefei, Ningbo, Dongguan and Nantong to to roll out cooling measures where needed, according to Xinhua
  • The central government is signalling a greater willingness to intervene directly at city level, say analysts

Topic |   China property
The government is signalling it is ready to intervene directly in individual cities’ housing markets, say analysts. Photo: Bloomberg The government is signalling it is ready to intervene directly in individual cities’ housing markets, say analysts. Photo: Bloomberg
The government is signalling it is ready to intervene directly in individual cities’ housing markets, say analysts. Photo: Bloomberg
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