13.01.2012 - China’s housing downturn will benefit state-owned developers

Could the arrival of the year of the dragon rescue the country’s beleaguered property developers? As Chinese new year approaches later this month, tens of thousands of couples are preparing to marry under what is considered an auspicious sign. To win over a bride in a country undersupplied with women, it helps a lot if the aspiring groom first proves his worth by buying a home. China’s developers need all the help they can get...............................................Full Article: Source

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