Minister: China to Face Pressure from Surging House Prices
Published:
2010-03-09
In a press conference held on March 8, Lou Weixin, Minister of Housing and Urban-Rural Development, predicted that "China will continue to face huge pressure from the continual rise of housing prices over the next two decades." However, the minister also added that the central government is committed to reining in soaring housing prices.
Source
The Beijing News
Google Translation
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