房地產

CHINA LURES ONCE-SHY JAPANESE DEVELOPERS

Some 2,109 premium residences went on sale this week in the northern Chinese city of Dalian, catering to buoyant demand from a rising middle class.

More than 1,000km to the south, the bustling city of Ningbo is seeing construction of its first outlet mall, which will host 160 stores when it is completed in a few years' time.

The two large-scale projects are examples of countless residential and commercial sites springing up all over China, but with a notable difference: they are being built with the help of Japanese developers keen to tap the booming Chinese market.

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