Beijing residential development rises as industry analysts feel restrictions on property sector in top Chinese cities will not be immediately lifted in 2015. Photo: Bloomberg
new | Removing housing curbs not likely in first-tier cities in 2015
“The first-tier cities need to wait for a longer while and (home purchase restrictions) will not be scrapped any time soon,” said Wang Lina, a senior researcher at the Chinese Academy of Social Sciences, a top government think tank in Beijing
Beijing residential development rises as industry analysts feel restrictions on property sector in top Chinese cities will not be immediately lifted in 2015. Photo: Bloomberg