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New regulations for China’s real estate

China is moving to cool the country’s real estate market with fresh regulations, after a recent surge in property prices has raised fears of a bubble. In its attempt to stabilize the soaring market, the government is making it tougher for Chinese to buy property. Liu Baocheng of the University of International Business and Economics in China, and Tamim Bayoumi of the Peterson Institute for International Economics join us for a deeper look into the issues.

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