A historical building being moved to make way for new construction in Wuhan, Hubei Province, one of the second-tier cities that have been leading land sales this year. Photo: Reuters

China’s city land sales surge 73 per cent despite cooling measures

Many mainland developers, sitting on piles of cash after achieving record sales last year, are still hungry for land

Topic |   China property

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A historical building being moved to make way for new construction in Wuhan, Hubei Province, one of the second-tier cities that have been leading land sales this year. Photo: Reuters
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