China’s property market is in a slump after two years of government controls to cool prices. Photo: Reuters

To ease controls or not? Chinese cities see-saw on policy amid property market slump

  • Local authorities need to strike a delicate balance between ensuring economic growth and toeing central government line to keep home prices under control
  • Some cities that lifted curbs to prop up property markets have become test cases
Topic |   China property

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China’s property market is in a slump after two years of government controls to cool prices. Photo: Reuters
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