30.06.2011 - Is China driving property bubbles abroad?
In late May of this year, more than 400 people lined up to purchase apartments at a site in New Westminster City, a suburb of Vancouver. Within two and half hours of the start of the sale, all 153 units had been sold. The otherwise unexceptional set of properties stood out on the sole basis that they attracted unprecedented excitement from Chinese investors..............................................Full Article: Source
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