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Real Estate

Three key imbalances behind high property prices
By STAFF EDITOR
Published: March 31, 2008 07:00 PM
Three key imbalances have caused the unreasonably high prices afflicting China’s real estate sector, Zhang Tao, the vice director of the People’s Bank of China’s research bureau, told a real estate conference over the weekend, the China Securities Journal reported. “The imbalances between demand and supply, between commercial and budget housing, ...
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