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Suzhou land sales halted as bids exceed limits
Published Tue, May 24, 2016 · 09:50 PM
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Shanghai
TWO land auctions were terminated in the Chinese city of Suzhou after bids surpassed limits set by the local government to stem a surge in prices.
Offers on Monday for two plots of land in the city, which is 30 minutes by train from Shanghai, exceeded ceilings established in rules released last we…
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