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real beauty page lovegra for women Andy Xie, a financial commentator at news website Caixin, said reliance on land sales to fund regional spending was an accident waiting to happen. “While household income may have tripled in a decade, the average land price has risen by over 30 times. Income growth to come cannot justify the current price of land. Nor can a supply shortage. China has no shortage of land. The sustainable land value is probably 70pc to 80pc below current levels,” he said.


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