What the Chinese gov. has been saying, is that cities hit hardest by restrictions can apply for easing which it would agree to do. As happened before, local gov. will come in with their own rules and if they don't go too far, the gov will turn a blind eye. The translations of the other poster,
'Jinan purchase of property buyers will be fully liberalized restrictions without copy number
From July 10, Jinan houses and second-hand housing restriction policy will be fully liberalized, whether locals or foreigners are not restricted to buy a house in Jinan copy number. This also means that the implementation of more than three years in Jinan restriction policy will formally withdraw from the real estate market'
And this from a recent article.
'To ensure that the restrictions do not negatively affect them, some cities are now relaxing.
Wenzhou in eastern China's Zhejiang province, Zhejiang's capital Hangzhou, and Changsha in central China's Hunan province are among the cities planning to relax the curbs. These cities have sought central government permission to relax, according to reports in the local media. However, curbs meant to prevent speculation will not be relaxed.'
XIN has a big Jinan project to start pre-sale in Q3....article on IV.....
10 July..... The eastern Chinese city of Jinan on Thursday became the latest region to lift home purchase restrictions and bring some light to the gloomy property market.....
......"As long as you have enough money, you can buy as many apartments as you wish," real estate agent Zhang Di told Xinhua.
Over the past couple of months, more than 10 cities nationwide have lifted or eased bans on ownership of more than one home, imposed in early 2011 to cool the market.
Jinan is not all of China, so I guess you are the one who is giving a false impression by saying 'China has lifted restrictions'. Had I believed that blanket statement, that would have made me
stupid. I also see you're an NQ bagholder? Now that's stupid. Guess you didn't like my two NQ posts last night.