The new special economic zone, dubbed the Xiongan New Area, was announced on Saturday and covers 100 square kilometres, with plans to extend it to 2,000 square kilometres.
...China is banning new property sales in counties earmarked as part of a new special economic zone in Hebei province.
Government officials alerted developers and agents of the halt at emergency meetings on Sunday morning in Hebei’s Xiongxian and Anxin counties, according to the National Business Daily.
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