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More strong property earnings from China

Posted on 17 August 2011

Country Garden Holdings Co. said Tuesday its first-half net profit rose 63% from a year earlier because of strong property sales, adding the Chinese developer will continue to expand its footprint in China.
Country Garden joins a string of Chinese property companies—includingg China Vanke Co., China Overseas Land & Investment Ltd. and Longfor Properties Co.—to post strong first-half results, even as Beijing launched measures aimed at cooling the residential property market……………………………………….Full Article: Source


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