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China: Foreign investors shy from buying

Posted on 11 January 2012

Lure of real estate fades as overseas capital seeks better bargains, Hu Yuanyuan reports from Beijing. It’s a frustrating time for overseas investors in Chinese real estate, especially those looking to turn a quick profit.

One potential investor, a managing director in Hong Kong for a leading US fund, looked into many real estate projects in China last year but did not sign any deals. Instead, he sold a number of big projects ahead of pre-set investment deadlines…………………………………….Full Article: Source


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