Weak earnings cloud to hang over real estate sector
Residential property under construction in Nanjing, Jiangsu province. A survey released by the central bank on March 20 showed that 48.7 percent of 20,000 residents polled in 50 cities across the nation said they expect property prices to remain unchanged in the second half of 2012. An Xin / For China Daily |
Industry's poor performance due to declining prices, sales in major cities
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