China: China loosens policy on commercial buildings to reduce oversupply, but analysts sceptical

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More needs to be done to allow owners to change the usage of existing properties, analysts say

China officially allowed developers to convert commercial property into residential leasing units starting June this year as a way to ease the serious oversupply of commercial buildings, but analysts don’t see it solving the problem anytime soon.

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Source : China: China loosens policy on commercial buildings to reduce oversupply, but analysts sceptical