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Residential buildings under construction in Nanjing, Jiangsu province, on May 18, 2026. Photo: VCG
New rules require residential projects to be structurally topped out before units can be sold, tightening developer cash flow while seeking to better protect buyers and reduce unfinished-home risks
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Residential buildings under construction in Nanjing, Jiangsu province, on May 18, 2026. Photo: VCG

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