Meanwhile, Hong Kong's Ming Pao Daily News and Sing Tao Daily report a riot erupted between migrant workers and locals in the southern city of Zhongshan.
In January, the southern city of Zhongshan increased a price cap on residential home sales, and the western city of Chongqing raised the minimum threshold where a property holding tax applies.
One major obstacle that we faced when launching our first project back in Zhongshan was that local buyers and factory investors that were coming in from Hong Kong and Macau had limited purchasing power.