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Chinese see bargains in U.S. real estate - Sun, 29 Mar 2009 PST (The Spokesman-Review)

BEIJING – Amid a downturn in real estate prices, some wealthy Chinese are signing up for home-buying tours to the U.S., and Chinese media tout the trend as another sign of the strength of what’s now the world’s third-largest economy behind the U.S. and Japan. “The real estate prices in America have gone down drastically,” said Yin Guohua, a partner in a law firm who recently returned from an ... more...