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China property: Booming market begins to splutter

Posted on 05 January 2012

You only have to look at the Beijing sky-line to realise how key construction has been to China’s boom. As the gleaming skyscrapers, the fancy shopping malls, the towering apartment blocks have all gone up, property prices have risen with them.
They have increased at least fivefold in the last decade in cities across China, according to state media. But in recent months, those in the property sector have gone from giddy to gloomy………………………………………..Full Article: Source


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