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China's shift to services industry

REAL ESTATE SCENE: There are powerful tailwinds behind the property sectors in China. With an economy similar in size to that of the United States, China has only a fifth of the US level of Grade A retail, logistics and office stock.

THE economic evolution underway in China has captured the world's attention. In the past is a hypergrowth economy in a catch-up phase, driven by investment and manufacturing, much of it export-related. In the future is a more mature economy, with slower but still significant growth and a much...

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