China Moves to Cool Real Estate Market

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Credit: UnsplashBEIJING, July 31 (TMTPOST) –- After the coronavirus outbreak in late January, condo sale offices in all Chinese cities were shut down. Many market observers forecast a decline in sales and profits for 2020.At least 12 cities in China, including Guangzhou, Baoji, Jinan, Qingdao and Huaian, lessened the restrictions on the qualifications of a property buyer to save a market crash wrecked by the co