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Curbs on asset inquiries draw fire

By Xu Wei | China Daily | Updated: 2013-02-20 07:14

Authorities in several cities have created regulations that prohibit real-name inquiries of residents' real estate assets, a move that worries experts and Internet users over possible adverse effects of anti-corruption efforts at the grassroots level.

A regulation issued on Saturday by the real estate asset registration authority in Zhangzhou, Fujian province, prohibited real-name inquiries of real estate information and would allow access only to the owner of the assets or prosecutors, police, courts, disciplinary watchdogs or securities regulators.

A similar regulation issued by the city government of Yancheng, Jiangsu province, which came into force on Jan 1, also prohibits inquiries of real estate assets of residents.

Curbs on asset inquiries draw fire

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