| From Chinadaily.com.cn: Property developers in the country would have more merger and acquisition opportunities this year as the realty market may witness a correction, ratings agency Standard & Poor's said Thursday.
"Mid-2010 could prove to be the turning point for many developers, as increased supplies would see competition intensifying even as tighter policies weaken demand," said Christopher Lee, corporate ratings director at Standard & Poor's. "Growth rates of many firms may slow, while M&A activity could increase," he said..........................................Full Article: Source
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