In September, China announced a second round of tightening measures meant to curb rising property prices. The measures have so far proven ineffective. In the following cartoon, posted by artist Xu Jun (徐骏) to his QQ blog, a building labelled “high property prices” sags, exhausted, in the corner of a boxing ring. A young woman holds up a sign that announces, “Round two of property market readjustment measures!” As the bell is wrung, the weary building thinks to himself: “When will this all end?”

David Bandurski

CMP Director

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