17.10.2011 - Credit crunch in China hurts property developers
Property developer Zhang Xin made a fortune over the past decade on the back of a building boom fuelled by China's blistering economic growth and the privatisation of its housing market. Now the co-founder of SOHO China, one of the nation's leading developers, is worried Beijing's efforts to cool the sector are hurting sales and threatening to send some debt-laden property developers to the wall..............................................Full Article: Source
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