China's property bonds lead the way in Asia
By Katrina Nicholas | China Daily | Updated: 2010-10-19 07:55
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Realtors speak with potential customers at a residential property fair in Zhengzhou, Henan province. Nelson Ching / Bloomberg |
SINGAPORE - Chinese property bonds are beating company dollar debt across Asia this month after home values unexpectedly rose in September and Standard & Poor's said developers can withstand price drops of as much as 10 percent.
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