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China's developers to invest more in land this year

Published Mon, Feb 13, 2017 · 09:50 PM

Hong Kong

CHINESE real estate developers surveyed by Reuters mostly plan to increase their land investments in 2017 as they shrug off record prices and government tightening measures while seeking to expand their market share.

The 10 companies contacted by phone and messaging represent half of the top 20 Chinese developers and together have close to US$300 billion in annual sales, mainly of apartments.

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