{"id":3323,"date":"2005-05-28T19:41:13","date_gmt":"2005-05-29T02:41:13","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2005\/05\/28\/the-standard-22b-yuan-fuels-shanghai-boom\/"},"modified":"2008-06-28T17:11:52","modified_gmt":"2008-06-29T00:11:52","slug":"the-standard-22b-yuan-fuels-shanghai-boom","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2005\/05\/the-standard-22b-yuan-fuels-shanghai-boom\/","title":{"rendered":"The Standard: 22b yuan fuels Shanghai boom"},"content":{"rendered":"
\n<\/a> From The Standard<\/a>:\n<\/p>\n \nMore than 22 billion yuan (HK$20.68 billion) in “hot money” from overseas entered Shanghai’s property market last year, Xinhua News Agency said, citing a People’s Bank of China report.<\/p>\n It said steadily rising property prices and expectations of a yuan appreciation have attracted overseas speculative funds into Shanghai’s property market.<\/p>\n About 15 billion yuan in overseas funds was invested in property development projects and another seven billion yuan was used to buy apartments and houses, according to the report.\n<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":" From The Standard: More than 22 billion yuan (HK$20.68 billion) in “hot money” from overseas entered Shanghai’s property market last year, Xinhua News Agency said, citing a People’s Bank of China report. It said steadily rising property prices and expectations of a yuan appreciation have attracted overseas speculative funds into Shanghai’s property market. About 15 […]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[962,6994,85],"class_list":["post-3323","post","type-post","status-publish","format-standard","hentry","category-economy","tag-capital","tag-hot-money","tag-shanghai","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n