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Already down at least 20% this year, Chinese land prices could come under further pressure as...
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Tuesday, May 31, 2011, 9:08 AM ETAlready down at least 20% this year, Chinese land prices could come under further pressure as some developers, unable to move product fast enough, are forced to unload inventory. "The potential exodus of small developers could be overwhelming," says a Credit Suisse survey. TAO -1.5% YTD.
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