Home ownership is the most important channel of investment for urban households in China, and price cuts have become a cause for social unrest. Photo: Reuters
Public anger in China spreading as property prices drop
Sales are usually brisk at this time of year, but so far the figures are grim – and people who’ve already bought are protesting against price cuts
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China Society
Home ownership is the most important channel of investment for urban households in China, and price cuts have become a cause for social unrest. Photo: Reuters