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Can China's rich solve America's real estate problem?
China’s in the news this morning for economic growth that’s not as bad as investors expected. But one of the most interesting features of my recent trip to Hong Kong and Singapore — not in the news today — was the incredible economic power of outflowing Chinese capital. Peter Cohan reports for Forbes. January 17, 2012 -- Capital flowed out of Hong Kong in anticipation of its handover to mainland China. But much of that capital returned when it became clear that the worst case scenario was not imminent — returning prices there near their all-time high. Last month
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