Residential and office buildings in Beijing. The municipal government has raised down payments for most property deals for second home purchases to an unprecedented 80 per cent. Photo: Reuters

China adds national pledge to curb housing prices in government work report

Vow comes as Beijing municipal government raises down payments for most second home purchases to 80 per cent

Topic |   China's Two Sessions 2017

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Residential and office buildings in Beijing. The municipal government has raised down payments for most property deals for second home purchases to an unprecedented 80 per cent. Photo: Reuters
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Wendy Wu

Wendy Wu

Wendy Wu is a Beijing-based reporter focusing on international finance and diplomacy. Her journalism career spans a decade and she has been reporting for the Post since 2015. Wendy has a master's degree in finance from Germany's University of Freiburg.