China tightens regulations on pre-sale of unfinished apartments

China tightens rules on selling unfinished homes to lift sector

Chinese officials tightened the rules for selling unfinished homes on Friday as they try to lift the country’s property market out of a years-long slump that has weighed on consumption. Half-built apartment buildings dot cities across China, relics of a property boom that came to a halt when the government clamped down on excessive borrowing […]

By AFP