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Even as reported property values in China's big cities are holding flat, the suburbs are seeing...

Even as reported property values in China's big cities are holding flat, the suburbs are seeing declines in the 30-50% range, based on price cuts being offered by developers. Builders, some facing financing rates of 30% or more, are likely desperate to move inventory. The next 2 months could be particularly difficult as reports hit that several commercial banks have reached their annual loan quota. (previous)
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