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Official data shows the land area used in Chinese real estate development has fallen sharply1 through this past year.
官方数据显示,2014年中国用于房地产开发土地的使用率急剧下降。
151-thousand hectares of land was set aside for new home construction last year.
This is down over 25-percent compared with 2013.
For more on China's property market, we are now joined live by Mike Bastin, Director of The China Business Centre based in London.
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