Summary | This time, however, they are behaving more like naked
capitalists. Government intervention in land prices is most
obvious in Hangzhou. But many private developers think the
price is too high, and the developer will be a loser. In 2005,
the price for a piece of nearby land was 22,297 yuan/square
meter. Private developers say this seems to be walking backward ...
chinastakes.com | 27 September 2014