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Reuters Failed Commercial Project Destroyed by Controlled Explosion in Wenzhou

Date: 19-May-04
Country: CHINA
Author: ASW

Failed Commercial Project Destroyed by Controlled Explosion in Wenzhou Photo: CHINA PHOTOS
Photo: CHINA PHOTOS

The half-finished building, one of several thousands across the country, is a reminder of the risk involved in China's property industry which is 'overinvested' and could amounts to bubble, according to analysts.

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