China's developers cash in; government clamps down

Soaring property prices are leading to a boom for Chinese developers. But the Beijing government is looking on with alarm and is tightening the rules.
February 01, 2017

The following joke has circulated widely among Chinese internet users: A man tells his girlfriend that when property prices fall, he will buy a flat and marry her. She is instantly reduced to tears, realising how little he is committed to her.

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