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China Has Second Thoughts About Controlling Prices in Its Multi Trillion-Dollar Housing Market

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China is starting to loosen pricing rules in its housing market—with unpredictable consequences.

Authorities imposed rules against ‘malicious’ price cuts but now are rethinking them, with hard-to-predict consequences for the economypedro pardo/Agence France-Presse/Getty Images.

Authorities imposed rules against ‘malicious’ price cuts but now are rethinking them, with hard-to-predict consequences for the economypedro pardo/Agence France-Presse/Getty Images
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