China property recovery insight

Article Date : 03 December 2008

Residential developer Shimao Property expects China’s sagging property sector to pick up during Q1 2009 as homebuyers return to the market. The company expects to fulfil its annual sales target thanks to moves by Beijing to stimulate demand. Hui Wingmau, the firm’s chairman, said: ‘The measures will help lead to a healthy and stable development of the...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/realestate/2008/12/04/china-property-recovery-insight.html

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.

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China property recovery insight

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