China talks the talk on property curbs, but can it walk the walk?

Business & Technology

Recent statements that China must curb speculation in the property market echo "similar vows in recent years that pushed prices down temporarily before they surged anew to fresh highs as policy eased again to boost slowing economic growth."

Credit: A pedestrian walks through a neighborhood slated for redevelopment as the Shanghai Tower stands in the distance in Shanghai, China, on Monday, Aug. 15, 2016. China's broadest measure of new credit grew the least in two years in July, while industrial production and investments weakened as well, adding to signs that a stabilization in economic growth may be faltering. Photographer: Qilai Shen/Bloomberg