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Pilot units to test REIT waters

By Bi Xiaoning | China Daily | Updated: 2008-12-23 07:51

Pilot units to test REIT waters

Would-be buyers look at the model of a new housing project in Beijing. Wu Changqing

Signs are mounting that Chinese government is determined to launch the long-awaited real estate investment trusts (REITs) in a bid to spur the country's sagging housing market.

Pilot units to test REIT waters

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