A Chinese national flag flutters at a construction site for a new residence complex in Beijing, in this November 4, 2013 file photo. Despite efforts to discourage property speculation and develop affordable housing, a steady stream of job-seekers from the countryside and a lack of attractive investment alternatives have kept prices soaring. Residential property prices rose 10 percent in November from the same month of 2012, according to data released last week, and have been setting new records every year since 2009. Prices in Beijing are rising even faster - 16 percent a year - with rents climbing 12 percent a year. REUTERS/Kim Kyung-Hoon/Files (CHINA - Tags: POLITICS REAL ESTATE BUSINESS CONSTRUCTION)

Communist Party paper homes in on foreign names on property projects

Practice is confusing for the public and damages China’s cultural legacy, report says

TOP PICKS

A Chinese national flag flutters at a construction site for a new residence complex in Beijing, in this November 4, 2013 file photo. Despite efforts to discourage property speculation and develop affordable housing, a steady stream of job-seekers from the countryside and a lack of attractive investment alternatives have kept prices soaring. Residential property prices rose 10 percent in November from the same month of 2012, according to data released last week, and have been setting new records every year since 2009. Prices in Beijing are rising even faster - 16 percent a year - with rents climbing 12 percent a year. REUTERS/Kim Kyung-Hoon/Files (CHINA - Tags: POLITICS REAL ESTATE BUSINESS CONSTRUCTION)
READ FULL ARTICLE