Major Chinese Cities Lift Property Restrictions to Revive Sluggish Housing Market
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Jinan and Qingdao, two major eastern Chinese cities, lifted all curbs on home purchases and selling.
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The moves join several other cities dropping restrictions to attract buyers and revive the property market.
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Smaller Chinese cities with larger property market shares in local economies began removing curbs earlier.
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Lifting curbs is part of broader support for the sluggish property sector, including mortgage rate cuts.
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China's property sector has struggled since 2021 rules to limit developer debt.
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