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Country grapples with runaway property prices

By Hu Yuanyuan (China Daily)
Updated: 2008-08-19 11:36

According to Henri Alster, president of Global Real Estate Institute, if real estate investment in China were an Olympic event, it would certainly not be as simple and straightforward as a 100-m sprint.

"Perhaps the 3,000 m steeplechase is more appropriate, grueling, with lots of different obstacles, but all worthwhile if you are going for gold," he said.

 

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