March 8, 2018 / 8:51 AM / 3 months ago

China will step up property controls in smaller cities - finance official

BEIJING, March 8 (Reuters) - A senior Communist Party economic official said he believes China will step up property control policies in smaller cities known as tier-three and tier-four cities.

The comments were made by Yang Weimin on the sidelines of the annual parliament session. Yang did not indicate a timeframe for the tighter policies.

Reporting by Yawen Chen and Beijing Monitoring Desk Editing by Jacqueline Wong

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