New real estate measures are a band-aid solution

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    clpstaff &clp articles

    It's a tough environment for property buyers

    Some counsel believe that the Chinese government's latest measures for curbing surging property prices are too temporary and short-term.

    Last week on April 17, the State Council issued the Circular on Determined Suppression of the Exceedingly Rapid Rise of Certain Urban Housing Prices (国务院关于坚决遏制部分城市房价过快上涨的通知).

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