Presales have been seen by property developers as a source of capital funding. A model of the Wonder Bay project in Foshan Nanhai Gaoxin district, in Guangzhou. Photo: Xiaomei Chen

China’s proposal to ban property presales ‘unfair’, says state-owned developer

Topic |   China property

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Presales have been seen by property developers as a source of capital funding. A model of the Wonder Bay project in Foshan Nanhai Gaoxin district, in Guangzhou. Photo: Xiaomei Chen
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