Beijing’s residential land supply has been cut almost in half for this year, raising the prospect of further home price increases in the Chinese capital. Photo: Bloomberg

Beijing residential land supply cut by half this year

Residential quotas slashed to 610 hectares from 1,200 hectares in 2016

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Beijing’s residential land supply has been cut almost in half for this year, raising the prospect of further home price increases in the Chinese capital. Photo: Bloomberg
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