Liaoning government backed investment

Article Date : 13 January 2009

Shenzhen Investment, a Chinese government-backed investment company, paid RMB168 million (US$25 million) for control of a real estate project in Shenyang. Company unit Shum Yip Shenkong raised its stake in the Wuai Bus Terminal in Liaoning Province to 47% from 29% by injecting capital, Shenzhen Investment said in statement on its Website. The project in northeast China...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/realestate/2009/01/14/liaoning-investment.html

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Liaoning government backed investment

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