China should stick to ‘houses are for living, not for speculation’ – state media
BEIJING : China should adhere to the principle that "houses are for living in, not for speculation" for the time being, the state-run Economic Daily said in an editorial on Wednesday, amid an economically damaging downturn in the property sector. China's top leaders started using the phrase in late 2016, when they began introducing tighter rules for the property market and its removal from…