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8 big cities in China have rolled out further property tightening1 measures in the latest efforts to rein2 in housing price rises.
Those second-tier cities have tightened3 housing controls since Friday, with most banning home sales within 2 to 3 years after purchase.
On Monday morning, shares concerning real estate tumbled during early trading in the Chinese stock market, down between 4% and 5%.
For more on this, the Beijing Hour’s Shane Bigham spoke4 earlier with CRI financial analyst5 Einar Tangen.
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1
tightening
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| 上紧,固定,紧密 | |
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2
rein
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| n.疆绳,统治,支配;vt.以僵绳控制,统治 | |
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3
tightened
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| 收紧( tighten的过去式和过去分词 ); (使)变紧; (使)绷紧; 加紧 | |
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4
spoke
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| n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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5
analyst
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| n.分析家,化验员;心理分析学家 | |
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