China Considers New Macro Controls on Property Development

Real Estate

Wednesday, October 08, 2008 00:21:57

	China Considers New Macro Controls on Property Development By AMY CHEUNG Published: March 29, 2007 04:27 AM The Ministry of Construction and China’s central bank are considering new rules to force property developers to better keep track of funds raised from pre-sales, official sources said. You are currently reading 30 words of 431 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , China Banking , tax , Beijing , EA , macro control , residential , Shenzhen , Pudong Development Bank	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Morgan Stanley to sink RMB10b in China property market Shanghai housing prices up 13% 1st week of June Financing rules eased for affordable housing developers Central bank clarifies second home definition Lujiazui Finance net profit surges on leasing revenue Parliamentarian urges land auction reform to control housing prices US$98b fund gap predicted for Chinese property sector

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