| Li Guibin, chairman of Guangyao Dongfang Group, a Beijing-based property developer, said it is actively eyeing commercial property investment opportunities in the first and second-tier cities in northern China.
"Now is also a good time to be considering mergers and acquisitions, as some property developers have suffered a squeeze on cash flow in this latest housing market correction." According to Li, Guangyao planned to take on four commercial property projects this year, with Beijing being the prime target. The company has a presence in Beijing, Tianjin, Shandong, Shanxi and Hebei...............................................Full Article: Source
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