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Hangzhou tightens property curbs

CCTV.com

11-10-2016 17:01 BJT

China's south-east city of Hangzhou tightened property curbs Wednesday night.

That's according to the Hangzhou government's official Sina Weibo account.

The new regulations implemented Wednesday, among other things, increase the down payment ratio of the housing accumulation fund loans and strengthen reviews of the sources of down payments by prospective buyers.

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