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Corruption threat to China housing plan:

Posted on 07 January 2013

A high-profile effort by the Chinese government to build affordable houses for the millions priced-out of the country’s property market is marred by official corruption, state run media said on Saturday.
China in 2010 launched a massive “affordable housing” drive as part of an effort to defuse widespread discontent about the country’s house prices, which have skyrocketed over the last decade………………………………………..Full Article: Source


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