A security guard stands next to an advertising board in front of a residential compound under construction in Wuhan, Hubei province. Photo: Reuters
A security guard stands next to an advertising board in front of a residential compound under construction in Wuhan, Hubei province. Photo: Reuters

Local authorities are finding ways to soften the blow of China’s tight real estate policies without incurring Beijing’s wrath

  • Until recently, only non-residents who had lived in the city and paid into the social security fund for two years were allowed to buy a home in Wuhan
  • Chinese developers have been on edge ever since Beijing stepped up its scrutiny of highly-leveraged builders with the central bank’s three red lines of loan caps

A security guard stands next to an advertising board in front of a residential compound under construction in Wuhan, Hubei province. Photo: Reuters
A security guard stands next to an advertising board in front of a residential compound under construction in Wuhan, Hubei province. Photo: Reuters
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