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China property in bear market, says analyst

Independent analyst Andy Xie predicts that it will last for five years
Friday, October 4, 2013 - 06:00

[SINGAPORE] Even as new home prices in Chinese cities continue its upward trend, Andy Xie, an independent analyst and formerly Asia economist for Morgan Stanley, maintained that China has entered a property bear market - one that he predicts will last for five years. "Earlier this year, there

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