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Will the withdrawal of some SOEs damp property prices?

25 March 2010

Some 78 State-owned enterprises have been told to exit the property market once current projects are completed, but this may have little immediate impact on property prices.

RENMINBI COMPASS

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Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.