Context :
https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown
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Where in this article does it say anything about local government restrictions? It says that this is a single housing firm doing this as a marketing stunt.
Read past the first paragraph:
Part of the reason that property developers are struggling to shift stock is that several cities, in an effort to stabilise the market, have banned developers from cutting prices.
It's usual for the western social media to point out anecdotal occurings and then project it on entire country as normality.
Why does it look like someone tried to cut it in half with scissors?