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Overseas money floods Chinese property market

Posted on 01 December 2010

From Peopledaily.com.cn: An increasing number of foreign institutional investors are flooding into China’s property market via taking part in the development stage, lured by the sector’s high investment returns and the country’s solid economic fundamentals.
Statistics from the Ministry of Commerce on Tuesday showed that a total of 114 foreign-funded real estate companies went on the record in November, either for the launch of a new company or to provide a capital boost for those already in existence……………………………………….Full Article: Source


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