For the first 10 months of the year, Beijing real estate prices have declined exactly 5.1%, according to the Beijing Real Estate Association.
Shanghai and Beijing real estate prices are correcting, but it is unlikely to fall 30% like they did in places like Las Vegas, Nevada.
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Meanwhile, a disciplinary watchdog says a public security official in Guangdong used two fake hukou to invest in real estate, Beijing Times adds.
Except for talk of real estate prices in Beijing and Shanghai, no topic has managers of private equity funds more engaged and energized than RMB funds.
According to media reports, around 30 real estate projects in Beijing have failed to get sales licenses as planned because their project pricing was deemed much higher than previous projects, and higher than average home prices of similar size in the city.
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In the case of Beijing, residential real estate (disclosure: I have property inside the Third Ring Road) may be getting ahead of itself but not yet be a bubble.
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Beijing is cooling the real estate market, with some successes here and there.
Chan Laiwa is one of only a handful of self-made billionaire women in China, thanks to the success of her Fu Wah International Group, one of Beijing's largest real estate developers.
Situated in the southeast of Hebei, Hengshui is about 250 kilometers (155 miles) south of Beijing, where residential real estate sells for RMB 22, 946 per square meter, or nearly ten times higher.
Analysts like Yulong Li, research director at Balentine in Atlanta, have been saying that a 20% to 30% year-over-year correction in Chinese real estate along coastal cities like Beijing and Shanghai would not be unheard of.
"Some local authorities have 'fine-tuned' their property policies by allowing home buyers to borrow more from public housing funds, causing a rebound in home prices, " Zhang Dawei, an analyst at Beijing-based Zhongyuan Real Estate, was quoted as saying by the state news agency Xinhua.
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Real estate prices continue to rise in Beijing and Shanghai.
The real estate market has impacted the economy as Beijing corrals developers in an effort to avoid an explosive housing bubble.
But it has raised a another whole set of issues, with Chinese real estate prices skyrocketing and the whole world looking to Beijing for leadership on a wide range of issues.
Late last year several Chinese cities, including Beijing and Shanghai, began requiring weibo users to register their real names.
In December 2011 several Chinese cities, including Beijing and Shenzhen, began requiring weibo users to register with their real names before posting comments online.
On a return flight from Macau to Beijing, I sat beside a former military officer, who now owns real estate and a string of factories.
Only four cities registered rising real estate prices month-over-month for new homes, including the majors: Beijing, Shanghai, Guangzhou and Shenzhen.
Lane Crawford, the glitzy Hong Kong department store owned by real estate billionaire Peter Woo and overseen by his daughter Jennifer, has two units in Beijing.
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New rules in the city of Beijing set to go into effect on Friday would require users to register their real names with microblogging service operators, though they could still write in public under pseudonyms.
In the real world, if you hand out flyers for a pizza restaurant in Birmingham to people in Beijing and Mexico City, then you're not going to get the customers you want.
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