31.08.2009 - Chinese real estate enters a twilight zone
From Chinastakes.com: China's real estate market is entering a biding time after this year's surge. A large number of developers are still purchasing land and arranging finance, preparing for a new round of increases, but prices could also fall depending on the government's credit policy. In the first half of this year, the significantly rising prices and increasing volume in major cities' commercial housing prices was due mainly to relaxed credit policies and tax relief..............Full Article: Source
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