2010-06-01bloomberg.com

"In China’s capital Beijing property signings slumped nearly 70 percent to 3,357 in May from April, the Shanghai Securities News reported, citing data from bjfdc.gov.cn. In Shanghai, the nation’s financial center, transactions may have dropped about 70 percent to 2,550 signings, the paper reported, and in the industrial city of Shenzhen, sales fell 62 percent."



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