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China's regional hubs ease restrictions to revive condo sales

COVID-related uncertainty and bubble risks loom over efforts to stoke demand

The property market and adjacent businesses are estimated to be responsible for almost 30% of China's gross domestic product.   © Reuters

BEIJING -- After months of limiting condominium sales to tame China's property bubble, provincial capitals and other big regional cities have begun lifting key restrictions in order to aid the country's economic recovery from the coronavirus pandemic.

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