S&P doubtful over China property curbs
(02-20 16:02)
Ratings agency, Standard and Poor's, says it's not expecting the central government to take drastic measures to rein in the housing market.
This comes amid speculation that the government will step up efforts to curb price rises after recent improvements in home sales, RTHK reports.
S&P says the government may tweak existing measures if price increases accelerate. It says home prices on the mainland are expected to rise by up to five percent this year.
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