New measures to curb property market are a short-term solution

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

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).