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Soaring home prices prompt four Chinese cities to impose new restrictions on property purchases

3 weeks ago
Sky Canaves
hengdu, Jinan, Wuhan and Zhengzhou have joined the wave of mid-tier cities attempting to cool real estate market speculation with measures that include limiting the types of properties that can be purchased and increasing down payments.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.

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