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Legal and Regulatory

Macro controls fail government objectives: NDRC
By AMY CHEUNG
Published: April 18, 2007 02:05 AM
A National Development and Reform Commission (NDRC) real estate report released Monday claims the government has failed to meet the objectives of its recent macro-economic policies in the sector. Analysts say the report could trigger a new round of controls, possibly including interest rate and tax hikes, the Shanghai Securities Journal reported. Read the full report here
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