皇冠体育app

Economy

Developer sees lower growth in property sales

(Agencies)
Updated: 2010-12-16 18:51
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Developer sees lower growth in property sales

 

Vanke Chairman Wang Shi talks during an interview with Reuters in Shanghai December 16, 2010.

皇冠体育app's tightening measures to cool sizzling property prices have yielded "pretty good" effect, the chairman of 皇冠体育app Vanke, the country's largest developer by sales, said at the Reuters 皇冠体育app Investment Summit on Thursday. However, Chairman Wang Shi said Beijing is not likely to ease up in it's campaign in the year ahead, for which he projected Vanke's property sales will grow at a slower rate after growing more than 80 percent in 2010 to a record 100 billion yuan ($15.03 billion). [Photo/Agencies] 

Developer sees lower growth in property sales

 

Vanke Chairman Wang Shi poses during an interview with Reuters in Shanghai December 16, 2010. [Photo/Agencies]