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Reason to be sceptical about China's rebound in residential investment
Published Tue, Apr 26, 2016 · 09:50 PM
Beijing
AT FIRST glance, it makes perfect sense: Chinese property sales surged in March, and new housing developments rose in tandem with resale activity.
But a peek under the hood from Macquarie Capital Ltd analysts led by Ian Roper suggests there's reason to be sceptical about China's presumptive rebound in residential investment.
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