From iFeng:
Beijing is expected to have 39 new projects hit the market in September, the highest monthly total in 2014. Only 4 of the projects are inside of the 5th ring road and 90% of existing inventory is outside of the fifth ring as well.
9月北京39个楼盘入市 供应量有望创单月新高
Understatement of the Day: The Fed Notes “Lack of Progress” on Inflation
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In addition to the usual Fed boilerplate FOMC statement, today it added
"There has been a lack of further progress toward the Committee’s 2 percent
inflati...
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