Sanya Bay beach in Hainan province, China. Photo: Bloomberg

In Hainan, China’s Hawaii, a hot property market proves hard to cool

Runaway property prices have caused the island province to introduce China’s strictest ever restrictions on non-local buyers. Will this curb the excesses of speculators adept at bending the rules? Sceptics just aren’t buying it

Topic |   China property

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Sanya Bay beach in Hainan province, China. Photo: Bloomberg
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