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China Revamps Home-Sales System That Worsened Its Meltdown

Bloomberg · first seen 02.09.2026

Beijing is revamping its pre-sale housing system to address structural flaws that contributed to the country's property sector meltdown.

  • Beijing is overhauling the home-sales system previously reliant on pre-construction cash.
  • The prior system exacerbated the property market meltdown.

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