Curbs locked in as Shanghai land price hits new record

A site in Shanghai has been sold at a record price, prompting the central government to stress that there will be no relaxation of housing curbs. Shanghai International Port Group and Sinochem Group – two large state- owned firms – jointly bought the plot for 5.68 billion yuan (HK$7.04 billion) i…

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Curbs locked in as Shanghai land price hits new record

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