Local government revenue from land sales in China’s 10 biggest cities jumped 24 per cent in October from a year earlier. Photo: Reuters

China land grabs sow seeds of next property boom

Leading developers buy new plots in major cities as sales improve while prices in much of the country are still falling, widening the economic gap

Topic |   China property

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Local government revenue from land sales in China’s 10 biggest cities jumped 24 per cent in October from a year earlier. Photo: Reuters
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