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Developer applies for bankruptcy in Hangzhou

Updated: 2012-04-11 16:11

(chinadaily.com.cn)

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Developer applies for bankruptcy in Hangzhou

Xia Xuecun, a home owner, on the balcony of a residential building of the Time Garden project in Hangzhou, Zhejiang province, April 10, 2012. He was supposed to receive his apartment on Dec 31, 2011, as stated in the contract with the developer. [Photo / Xinhua]


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