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China’s $600 bln housing push faces roadblocks

Posted on 24 June 2011

Taoyuan Village, the first affordable-housing project in the southern boomtown of Shenzhen, should be a shining example of Beijing’s ambitious $600 billion plan to offer high-quality housing for the millions of Chinese priced out by the urban property boom.
But the residents of this new town, with its gleaming high-rises and clean lanes, have a different view………………………………………..Full Article: Source


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