China real estate ads prohibited in Taiwan: MAC

According to Liu, the MOI has extensively discussed the issue with executives of local real estate and land developers associations.

Most of the representatives disagreed with the proposal of lifting the ban on Chinese real estate commercials at this time of economic hardship, Liu said.

As the government is trying to boost the nation's economy by stimulating domestic spending, Liu said, realtors would not like to give the wrong idea that they are encouraging the Taiwanese public to invest in China's real estate market.

Liu said this was the best policy at the present since Taiwan was facing a great challenge to survive the economic downturn.

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