Chinese Developer Xinyuan Pays $138M For Kunshan Project
The new development is near a new intercity subway line to Shanghai that Xinyuan hopes will drive strong real estate demand. Migrants comprise two-thirds of Kunshan's population of 2.05 million and the developer expects more to follow suit. According to its local government, Kunshan is China's richest and quickest-growing county.
"We are pleased to have acquired this land parcel...
To view the full article, register now.