In the first half of this year, 1.45 trillion yuan was invested in the property market, an increase of 9.9 percent year-on-year. In Beijing, residential housing prices in the central business district, rose some 6.5 percent in the course of just one week. Our reporter Chen Xin talked to Michael Klibaner, head of research at Jones Lang LaSalle's Shanghai operations, to learn the reasons behind the resurgence.
(interview)
That was Michael Klibaner, head of research at Jones Lang LaSalle's Shanghai operations.