James Macdonald News
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Dalian Wanda Group, the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe’s tallest residential tower.
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Ai Weiwei’s nightmare started at Beijing airport. He planned to fly to Hong Kong. Instead he was held by officials and told not to demean himself by making a fuss in front of his fellow passengers.
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All real estate markets are local, says the industry axiom, one that China’s central government is painfully aware of as its efforts to rein in home prices are undermined by uncooperative municipal authorities.
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China’s newest high-speed railway is transforming the rural town where the philosopher Confucius was born more than 2,500 years ago.
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China will limit mortgage loans for home purchases by foreigners to stem overseas investment in its property market as part of efforts to cool prices.
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Despite the crowing provocation of its title, “C*ck” is a conventional love triangle with a twist. None of the three main characters is much of a catch, particularly the indecisive young two-timer who’s considered the prize of the competition.
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Shanghai Greenland Group said it may add more floors to China’s second-tallest building under construction to turn it into the highest in the world after the Burj Khalifa in Dubai.
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Shanghai Jin Jiang International Hotels Group Co. plans to build the world’s highest hotel in the Chinese city that will displace the neighboring Park Hyatt and the Ritz-Carlton that will open in Hong Kong in March.
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CMJ, or College Music Journal Marathon, is in full swing, with a thousand bands performing at venues across the Lower East Side and Brooklyn.
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Chinese developers are starting to venture overseas, chasing wealthy locals who are buying apartments from New York to Sydney as the government restrains the property market at home.
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