TITLE

Policy Focus: China's Real Estate Policy Is Facing Uncertainty

AUTHOR(S)
Wei Zhang
PUB. DATE
January 2010
SOURCE
Modern China Studies;2010, Vol. 17 Issue 1, p114
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In order to avoid a hard landing of the heated housing market, the Chinese government announced a series of policies to control rapid shooting of real estate prices. However, whether or not these policies will be effective depends on some uncertain factors including heavy reliance of the local governments' fiscal revenue on the housing market, a fixed assets investment led economic growth pattern, and close links between Chinese policy makers and some vested interest groups.
ACCESSION #
59353363

 

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