Sales staff and potential buyers at a property fair in China. Developers are less optimistic about sales growth this year as government curbs and higher mortgage rates bite. Photo: Reuters

Government curbs and costly mortgages temper optimism among China’s property developers

A boom in sales in lower-tier provincial cities that had sustained the market in the past year could also wane, analysts say 

Topic |   China property

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Sales staff and potential buyers at a property fair in China. Developers are less optimistic about sales growth this year as government curbs and higher mortgage rates bite. Photo: Reuters
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