| 25.11.2011 - China: Bond proceeds seep into property |
| Almost 60 percent of the Chinese companies that sold bonds in the past six months invested in the property market, undermining government efforts to limit real estate fundraising and curb inflation. Out of 121 companies that filed bond prospectuses since May with clearinghouse Chinabond, 74 count one of their main businesses as real estate, have property subsidiaries or invest in the market.............................................Full Article: Source |