Macrolink Real Estate plans to invest 900 million yuan in M'sia and S. Korea


SINGAPORE/LONDON: China's Greenland Holding and Macrolink announced on Tuesday property deals worth more than $2 billion from Britain to South Korea as Beijing's efforts to rein in housing prices force Chinese firms to try their luck overseas.

The deals come as the Chinese government steps up measures to cool the country's real estate sector, which has seen prices soar in major cities.

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