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China's real estate industry is.........>

CHINA PRESS
CHINA PRESS: China's real estate industry is becoming more concentrated because
of strict government controls, the Financial News, a journal run the People's
Bank of China, reported Wednesday. In the first week of October, property market
sales volume in 33 main cities dropped 63% from a year earlier, the report said.
However, the performance of leading companies was unexpectedly good, and they
are still expanding despite tight liquidity and heavy restrictions, the
newspaper noted. The sales volume for big real estate companies saw a large
increase in the first three quarters of the year due to low inventories, it
added. (Financial News) 

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