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China’s stalled property market showing signs of life

Posted on 02 March 2012

On the sandy plains east of Beijing, The World is in trouble. The property development was supposed to bring five continents, in the form of artificial islands, to scrubby farmland near the booming city of Tianjin.
Instead, the project, which is about three times the size of New York’s Central Park, exemplifies both the excesses and more recent sharp downturn in China’s property market………………………………………….Full Article: Source


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