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Opinion | Why China won’t ban housing presales outright
Popular as the move might be, Beijing is trying to unwind the debt-fuelled property growth model without inviting another financial crisis.
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Opinion | Why China won’t ban housing presales outright
Popular as the move might be, Beijing is trying to unwind the debt-fuelled property growth model without inviting another financial crisis.
- ·
The View | Why China’s new housing presale rules are still a source of risk
Beijing is putting homebuyers first, but only by transferring financial risks to to developers already under severe strain.