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China Cracks Down on Fake Divorces That Let People Buy More Properties

  • Shanghai and Shenzhen take steps to rein in speculation
  • Divorces allow people to bypass restrictions on home ownership
Views of Shenzhen As China’s Li Sees Economy Returning to 'Proper' Range Next Year
Photographer: Yan Cong/Bloomberg
Bloomberg News
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A resurgence in real estate prices in Shanghai and Shenzhen has prompted authorities to rein in speculation, in line with the Chinese government’s resolve to keep the property market in check.