Property in China will become a sector with low profit margins in 5-10 years, says analyst

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Property in China will become a sector with low profit margins in 5-10 years, says analyst

Bo Zhuang of Loomis Sayles says China's property sector will go through some changes in the coming years. The government will play a larger role, while many developers will "go bust" or merge with others, he adds.
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Tue, Oct 26 20211:09 AM EDT