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China property market heats up in core cities amid recovery led by policy moves

SCMP LogoSCMP10h ago

China property market heats up in core cities amid recovery led by policy moves - SCMP

Quick Summary:

China’s property market shows signs of recovery as developers bid for prime plots, driven by relaxed price caps.

Local governments, which historically relied on land transfer revenues for their fiscal stability, have struggled to revive the auction market as private developers grappled with liquidity issues.

Depressed demand and government-imposed caps cast a further pall over auctions and bids during the Covid-19 pandemic.

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China property market heats up in core cities amid recovery led by policy moves - SCMP (Picture 1)

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Article Details

Author / Journalist: Yulu Ao

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-04 @ 17:30:09 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 326 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28355340

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 5 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 9 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "China property market heats up in core cities amid recovery led by policy moves" has 326 words across 9 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "China property market heats up in core cities amid recovery led by policy moves" was covered 10 hours ago by SCMP, a news publisher based in Hong Kong.

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It's most recent story was published 9 hours ago.

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  • News ID: #28355340
  • URL: https://chaosandpain.beamstart.com/news/china-property-market-heats-up-17463515653721

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