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Liquidity boosts China property sales

Sherman Chan at Moody's Economy.com says a real estate bubble in China is not yet a pressing concern.

Property transactions in China have been robust. In the first seven months of 2009 sales are up 60.4% year-on-year in value and 37.1% in terms of area, according to Sherman Chan, a Sydney-based economist at data provider Moody's Economy.com.

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