Newly built apartments dwarf a man fishing nearby in Beijing as land buying first-tier cities like the Chinese capital is seen staying strong. Photo: AFP

Land buying in China’s first-tier cities could drag them out of property downturn soon

“We expect land price in all tier-1 cities would continue to grow, very likely at a faster pace than last year” - Mizuho Securities

Topic |   China property

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Newly built apartments dwarf a man fishing nearby in Beijing as land buying first-tier cities like the Chinese capital is seen staying strong. Photo: AFP
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