Wed 09/14/2022 23:37 PM
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Chinese regulators have approved loosening certain housing purchase restrictions applicable to tier two cities with three cities including Ningbo, Suzhou and Nanjing having already begun implementing the relevant relaxation measures, according to three sources familiar with the matter.

The relaxation will include removing certain house purchase restrictions and reducing second house purchase upfront payment amounts, among other things, the sources said.

Tier two cities will implement...
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