Corrections & clarifications

PUBLISHED : Wednesday, 23 February, 2011, 12:00am
UPDATED : Wednesday, 23 February, 2011, 12:00am

An article on February 19, 'China Overseas plans real estate finance fund', incorrectly stated that the new fund would buy projects from China Overseas Land & Investment, which would use the money to build more projects without bank borrowing. The developer sold projects to its first real estate fund, set up in March last year, but the second fund will buy projects from the market.