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S&P raises outlook on China property

Posted on 21 February 2013

Standard & Poor’s raised its outlook for China’s housing sector from negative to stable, with the rating agency highlighting strong sales momentum and stable financing for developers.
The upgrade, coming less than two years after S&P cut the country’s property developers to a negative outlook, is the latest sign of a turnround in China’s real estate market that began last year……………………………………Full Article: Source


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