Caixin
Dec 25, 2018 07:14 PM
ECONOMY

China Softens Tone on Property Market as Economic Growth Slows

New residential buildings are seen in Huaian, Jiangsu province, on Sunday. Photo: IC
New residential buildings are seen in Huaian, Jiangsu province, on Sunday. Photo: IC

* Ministry said the government will continue to keep a lid on speculation, but will allow different cities to implement different policies

* Statement struck a similar tone to that of the three-day Central Economic Work Conference, which wrapped up on Friday

(Beijing) — China’s Housing Ministry has softened some of the language in a statement laying out the direction of policy for the real estate market next year.

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