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From: energyplay3/25/2010 1:35:01 AM
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China halts residential land sales ?

Big news out from China Daily. We're not exactly sure what it means, except that the central government is desperate to slam the brakes on the real estate market and looking to call a time out:

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China Daily

Sale of residential land temporarily halted

By WANG QIAN (China Daily)

BEIJING - The Ministry of Land and Resources has ordered a temporary ban on the sale of land for housing in a renewed measure to ease soaring real estate prices.
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