China in 2 minutes a day
Top news and analysis delivered to your inbox

Southern cities Guangzhou and Shenzhen join a flurry of Chinese cities adding measures to cool the overheating property market

3 weeks ago
Sky Canaves
he measures include increased down payments of as much as 70 percent for second-home buyers and limits on how many homes can be owned by individuals. New home prices in Shenzhen rose by 36.8 percent in August from the previous year and 21.1 percent in Guangzhou.
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.