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  1. Business - China Business - INVESTMENT

    Go West lure of low land prices

    Posted Apr 16th 2013, 12:00am by Charlotte So

    ... cent is from Hong Kong," Chongqing mayor Huang Qifan said, with most of that share going into the property development and finance sectors. Huang said any government that allowed land ... to contain the average replacement cost to one-third of the flat price," Huang said. Average replacement cost refers to the land price's share of the flat price. But, an anonymous ...

    http://www.scmp.com/business/china-business/article/1215612/go-west-lure-low-land-prices

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