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China attempts to cool hot property market

Posted on 27 August 2010

From Voanews.com: China’s growing economy attracts millions to the cities, fueling a housing boom and encouraging property speculation.
China’s biggest cities are littered with construction sites and housing prices have skyrocketed: in some areas they have doubled in the past year, raising concerns the bubble could burst, damaging the whole economy……………………………………….Full Article: Source


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