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Article: OUTSIDE MAGNATES SET FOOT IN CHINA REAL ESTATE MARKET
- Article from:
- AsiaInfo Services
- Article date:
- March 12, 2002
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Outside Magnates Set Foot in China Real Estate Market
CHINA, Mar 12, 2002 (AsiaPort via COMTEX) -- China real estate industry
has been in a new round of increasing term since 1998. A great deal
of public companies have set foot in real estate industry in the past
2 years. Moreover lots of domestic IT magnates with strong trademarks
enter real estate industry, such as Haier Group, TCL and Media.
The most evident advantage of these outside magnates is capital strength.
Judging from the domestic status of China, these outside magnates
possess strong capital advantage. Moreover some of them are public
companies possessing broad financing channels. These industrial magnates ...