USEUROPEAFRICAASIA 中文双语Français
Home / Business

Careful calculations lie behind dazzling prices

By Zheng Yangpeng | China Daily | Updated: 2015-05-05 07:19

Domestic developers study potential purchases before putting money down

It is easy to get the idea that the Chinese companies rushing to the United Kingdom, United States and Australia to snap up properties with price tags that grab headlines are nouveau riche.

In February, Dalian Wanda Group Co Ltd raised eyebrows in Australia by purchasing Gold Fields House, an office building overlooking the landmark Sydney Harbour Bridge and the Sydney Opera House, for A$415 million ($327 million).

Careful calculations lie behind dazzling prices

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US