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Article: BUSINESS IN ASIA TODAY - JULY 21, 2006.
- Article from:
- AsiaPulse News
- Article date:
- July 21, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on July 21, 2006. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
FOREIGN ACQUISITIONS OF CHINESE PROPERTY SURGE 32 PCT IN Q1
BEIJING - Foreign investors acquired US$4.5 billion worth of property in China in the first quarter, a surge of 32 per cent over the figure for entire 2005, international property adviser Debenham Tie Leung (DTZ) said here Thursday. Nicholas Cho, director of DTZ investment department, told Xinhua that the impressive growth was partly due to a huge increase in foreign investors in the country's property ...