China pushes sales of finished homes as property slump drags on

Localities limit sales of incomplete units to reduce risk of construction delays

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Signs on the side of apartment complexes advertise the finished units inside. (Photo by Kentaro Shiozaki)

KENTARO SHIOZAKI

BEIJING -- China is encouraging local governments and developers to focus on sales of finished apartments instead of preselling incomplete units, looking to reduce the risk of stalled construction and revive the sluggish real estate market.

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