A worker cleans an apartment block in Beijing. The government is taking steps to reduce housing inventory. Photo: Reuters
China’s cities taking steps to pare record housing inventories
"We believe that the downward momentum continued and will likely accelerate in the first quarter of 2015 if the anti-corruption investigation deepens among the developers” - JL Warren Capital
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A worker cleans an apartment block in Beijing. The government is taking steps to reduce housing inventory. Photo: Reuters
